these are the main methods to calculate national income

2. Methods to calculate
National Income

4. 1. Product method.
2. Income method
3. Expenditure method
Methods

6. Income method
National income is calculated based on rent, wage,
interest and profit, which are the rewards for factors
of production.
Income is the reward for factors of production.
It is helpful in analysing the contribution of each
factor of production to the national income.

7. Expenditure method
Estimate the national income by calculating
the expenditure incurred by individuals, firms
and government in a particular year.
National income is the summation of
consumption expenditure, investment
expenditure and government expenditure.

8. HASEENA A P
ROLL NO: 42
SOCIAL SCIENCE
KSTC
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