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NATIONAL INCOME ACCOUNTING
Trends in India’s GDP
Methods: ,[object Object],[object Object],[object Object],[object Object]
The Income Approach ,[object Object],[object Object],[object Object]
Output Method; ,[object Object],[object Object],[object Object]
Expenditure Method: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Expenditure method: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Expenditure method: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Equality of Income and Expenditure ,[object Object],[object Object]
Gross vs Net: ,[object Object],[object Object],[object Object]
Qualifications to the Income Accounting Identity ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Income Approach ,[object Object],[object Object],[object Object]
GDP and GNP: ,[object Object],[object Object],[object Object]
GDP and GNP: ,[object Object],[object Object],[object Object]
National income ,[object Object],[object Object],[object Object],[object Object]
National income: ,[object Object],[object Object],[object Object]
Personal Income ,[object Object],[object Object],[object Object],[object Object],[object Object]
PERSONAL INCOME ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Disposable Income:  ,[object Object],[object Object],[object Object]
Uses of GDP Accounting: ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
GDP as an indicator of economic welfare: ,[object Object],[object Object],[object Object],[object Object],[object Object]
GDP as an indicator of economic welfare: ,[object Object],[object Object],[object Object]
Limitations of National Income Accounting ,[object Object],[object Object],[object Object],[object Object]
Real vs nominal GDP ,[object Object],[object Object],[object Object],[object Object]
Real GDP ,[object Object]
GDP DEFLATOR: ,[object Object],[object Object],[object Object],qty1 qty2 prc1 prc2 gdp1 gdp2 A 6 11 .5 .4 3 4.4 B 7 4 .3 1 2.1 4 C 10 12 .7 .9 7 10.8 12.1 19.2
Purchasing Power Parity: ,[object Object],[object Object],[object Object]
Laspeyre’s Index: ,[object Object]
New WPI LAUNCHED

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National income accounting 1