3. NATIONAL INCOME MEANS THE
VALUE OF GOODS AND SERVICES
PRODUCED BY A COUNTRY
DURING A FINANCIAL YEAR.
THUS, IT IS THE NET RESULT OF
ALL ECONOMIC ACTIVITIES OF
ANY COUNTRY DURING A PERIOD
OF ONE YEAR
12. Whose economic interest lies in our country
Whose economic interest lies in our country
Whose economic interest lies in our country
Whose economic interest lies in our country
21. VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
22. VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
+
+
+
+
23. VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
+
+
+
+ +
+
+
+
24. VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE ADDED=
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
VALUE OF OUTPUT-INTERMEDIATE CONSUMPTION
+
+
+
+ +
+
+
+
EXAMPLE
EXAMPLE
EXAMPLE
800 + 200 +300
800 + 200 +300
800 + 200 +300
800 + 200 +300
=1300
=1300
=1300
25. INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
DIFFERENT SECTORS
DIFFERENT SECTORS
DIFFERENT SECTORS
DIFFERENT SECTORS
26. INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
INTERMEDIATE INPUTS PURCHASED BY
DIFFERENT SECTORS
DIFFERENT SECTORS
DIFFERENT SECTORS
DIFFERENT SECTORS
= 450
= 450
= 450
= 450
27. GROSS VALUE ADDED AT MARKET PRICE
GROSS VALUE ADDED AT MARKET PRICE
GROSS VALUE ADDED AT MARKET PRICE
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
SECTORS
SECTORS
SECTORS
SECTORS
β
β
β
β
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
28. GROSS VALUE ADDED AT MARKET PRICE
GROSS VALUE ADDED AT MARKET PRICE
GROSS VALUE ADDED AT MARKET PRICE
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
SECTORS
SECTORS
SECTORS
SECTORS
β
β
β
β
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
1300- 550
29. GROSS VALUE ADDED AT MARKET PRICE
GROSS VALUE ADDED AT MARKET PRICE
GROSS VALUE ADDED AT MARKET PRICE
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
= VALUE OF OUTPUT OF DIFFERENT
SECTORS
SECTORS
SECTORS
SECTORS
β
β
β
β
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
VALUE OF INTERMEDIATE INPUTS PURCHASED BY DIFFERENT SECTORS
1300- 550
= 750
= 750
= 750
= 750
31. Gross domestic product at market price minus consumption of ο¬xed capital
Gross domestic product at market price minus consumption of ο¬xed capital
Gross domestic product at market price minus consumption of ο¬xed capital
- indirect X + subsidy +
- indirect X + subsidy +
- indirect X + subsidy +
factor income received by the resident from rest of the world β
factor income received by the resident from rest of the world β
factor income received by the resident from rest of the world β
factor income to non resident
factor income to non resident
factor income to non resident
750 lakh - 80 lakh - 50 lakh + 20 lakh +
750 lakh - 80 lakh - 50 lakh + 20 lakh +
750 lakh - 80 lakh - 50 lakh + 20 lakh +
750 lakh - 80 lakh - 50 lakh + 20 lakh +
10 lakh - 20 lakh
10 lakh - 20 lakh
10 lakh - 20 lakh
10 lakh - 20 lakh
= 630 lakh
= 630 lakh
= 630 lakh
= 630 lakh
41. GDP
GNP
GNP
GDP is deο¬ned as an aggregate
measure of production equal to the
sum of the gross value added all
president institute in university
engage in production
GNP is the market value of all the
product and services produced in
one year by labor and property
supplied by the citizen of a country
NATIONAL INCOME CONCEPTS