NATIONAL INCOME and RELATED AGGREGATES class 12 ONE SHOT Macroeconomics | GAURAV JAIN
NATIONAL INCOME and RELATED AGGREGATES class 12 ONE SHOT Macroeconomics | GAURAV JAIN
class 12 macroeconomics chapter 3 one shot
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The video discusses the key concepts of national income, including domestic territory, normal resident, citizenship, types of goods, factor income, and transfer income. It also explains the formulas for calculating gross and net values, factor cost and market price, and net factor income from abroad. Key moments: 00:15 The video discusses Chapter Two of Class 12 Economics Macro, focusing on Basic Aggregates of National Income, explaining concepts like Domestic Territory and Normal Resident in detail. -Understanding Domestic Territory, it refers to the geographical boundaries under a country's authority, including embassies and territories outside the country but under its control. -Explaining Normal Resident, it denotes individuals or institutions residing in a country for over a year with their economic interests centered there. 06:06 Understanding the concepts of citizenship, normal resident, and domestic territory is crucial for determining economic activities and residency status in a country. -Difference between normal residents and tourists in terms of economic activities and residency duration. -Explanation of normal residents in the context of international organizations and embassies. -Significance of citizenship as proof of belonging to a country and its benefits for daily activities like obtaining a SIM card. 12:11 Factor income is the money earned by factors of production like labor, land, capital, and entrepreneurship. It is crucial for calculating national income using various methods in economics. -Transfer income is money received without providing any productive service, like gifts or pensions, and is not included in national income calculations. -Understanding the distinction between final goods, which are consumed or invested directly, and intermediate goods, which are used for further production or resale. 18:15 The speaker explains the concept of goods categorization into durable, semi-durable, non-durable, and services, emphasizing their lifespan and consumption patterns, leading to a discussion on capital goods and basic formulas for national income calculation. -Explanation of different types of goods based on lifespan and consumption patterns: durable, semi-durable, non-durable, and services. -Introduction to capital goods and their role in the production process. -Discussion on basic formulas for calculating national income and the importance of understanding them. 24:22 Depreciation is a fundamental concept in economics and accounting, impacting the value of assets over time. Understanding gross and net value, and the calculation of depreciation, is crucial for financial analysis and decision-making. -Differentiating between gross and net value is essential for assessing asset depreciation accurately in economic terms. -Exploring the impact of depreciation on the pricing of goods, such as iPhones, highlights the role of factor cost in determining market prices. 30:42 Understanding the concept of indirect tax and subsidy is crucial in determining market prices. The government's role in providing subsidies impacts the final cost of goods for consumers. -Explanation of indirect tax and its impact on market prices in India compared to Dubai. -The significance of subsidies provided by the government and how they affect the cost of goods for consumers. -Importance of understanding the NFI formula in determining costs and taxes. 36:46 Understanding domestic and national income is crucial. Domestic income is what residents of a country earn, while national income includes earnings of residents both inside and outside the country. -Differentiating between domestic and national income. Domestic income is earned by residents within the country, while national income includes earnings of residents inside and outside the country. -Calculating national income. To calculate national income, one must consider the earnings of residents living both within and outside the country, adjusting for factors like Net Factor Income Received from Abroad. 42:00 Understanding the difference between factor income received and paid is crucial in national income calculations. Various formulas like Gross National Product at Market Price and Factor Cost are essential for accurate calculations. -Importance of factor income in national income calculations. It highlights the significance of accurately accounting for income received and paid in economic analysis. -Explanation of different formulas like Gross National Product at Market Price and Factor Cost. These formulas play a vital role in determining national income figures. 49:26 Transitioning from domestic to national level education has become easier with accessible formulas and resources. Join the Sarathi batch for comprehensive courses in accountancy, economics, and business studies with practice questions and doubt-solving sessions.
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@user-lt6vb7jy5s
11 күн бұрын
Iop
thankyou so much sir for this video
@commerceking-gauravjain
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nice explanation .... great work
Sir 2nd Video Hai ...🚩 Aa Gyi Aaj 📈📈 Thank U Sir Aap Bhaut Kuch Kar Rhe Hai ... Ham Logo Ke Liye💙
@commerceking-gauravjain
23 күн бұрын
Ha balak, shuruat Economics se krte h 🔥🔥 Try Macroeconomics too kzread.info/head/PLwtiQxSjCQsacx49LkUfX_JlTp4Rh0fbv live Classes pdhni h h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni economics ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
10:27 sir yeh vala sahi ha 😂😂
@commerceking-gauravjain
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Thanku sir .🤩❤
@commerceking-gauravjain
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Thank you sir 🎉🎉
@commerceking-gauravjain
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Present sir ji ❤❤❤❤
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Salute h sir meri sari dikkat hi khtm hogyi ,I have no words to explain,at last thnks a lot
Sir ji tuc great ho🎉
@commerceking-gauravjain
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Sir export receipt are not a part of NFIA why?? Please answer bta dijiye
Just waiting for a while for this video👌
@commerceking-gauravjain
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Sir u are really great Haa yeh baat sahi hai ki parag Gupta sir experienced teacher hai but but aapse achha explanation koi nahi karta sir ji Jai shree ram jai shree ram radhe radhe radhe radhe
@commerceking-gauravjain
26 күн бұрын
Dhanyawaad baalak 🙏🏻🙏🏻 Try business studies too Class 12 Business Studies 🔥 Complete Course for FREE 🔥 SESSION 2024-25 kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
you are best sir❤
@commerceking-gauravjain
29 күн бұрын
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Hyyy sir mp student bhi padh sakate h kya aap s fir bad m kuch problem to nii hogi kyaa
Sir this is the first time i have watched your video and seriously the way you explained with examples it was almost like magic. You made it so simple to understand 👏
@commerceking-gauravjain
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very good explanation sir❤❤
@Krsh22447
13 күн бұрын
Bilkul🙇♂️
@Anusoni5306
3 күн бұрын
@@Krsh22447 ji
@Anusoni5306
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@@Krsh22447 ji
Thanks Sir ! Gym School and Padhai ke beech ghis rha hu 😁
@commerceking-gauravjain
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Sir notes kha h chapter ke 🙄
@GMR98_
2 ай бұрын
.
@RR____________
2 ай бұрын
😂
@RR____________
2 ай бұрын
Note chaiye tumko 😂
@commerceking-gauravjain
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@bhavukpandit8694
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Y to glt hai sir notes to da doo please 🥺
Sir pls provide notes for this chapter
@commerceking-gauravjain
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Jai Hind sir
@commerceking-gauravjain
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2nd video check Aa gayi sir..👍
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
Sir ji mai aa gya ⚡ Ab foda jaye 💥
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
Sir please provide macro economics notes
@commerceking-gauravjain
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@blackrosegaming2352
Ай бұрын
Miil gaye
A gya sir, late hu magr last nhi hunga ye mera wada hai ❤
Hi sir 🎉
@commerceking-gauravjain
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😄sir maza aa gya ✌️
Abe yarr iss sir ne bhi course bechna suru kr dia
@unknown-lj5mz
Ай бұрын
Ghar chalta hai usse .
@commerceking-gauravjain
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@adityaranjan1645
13 күн бұрын
To?
I am new subscriber
@commerceking-gauravjain
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sir can you please improve the mic quality
@commerceking-gauravjain
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@the gaurav jain Sar chori transfer income me aaega ya factor income🤔
@_mb_gandhi
Ай бұрын
My name is Arman
@commerceking-gauravjain
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@VinayTripathi-zs3km
27 күн бұрын
Transfer income me kyuki wo paisa pahle se hi kamaya hua Hai Aap yah samjho ki Jo paisa bina mehnat ka hoga wo transfer income me count hoga.
@_mb_gandhi
27 күн бұрын
Thank you
@VinayTripathi-zs3km
27 күн бұрын
OK samajh me aa gya n??
radhe krishn
@commerceking-gauravjain
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Sir daily video upload kariya na😊
@commerceking-gauravjain
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Sir m aagya 😊
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
Sir chapter ke notes ki pdf send kar do ❤
@commerceking-gauravjain
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Sir mei aa gaya
@commerceking-gauravjain
23 күн бұрын
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27:36 bdiya
@commerceking-gauravjain
23 күн бұрын
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Pdf kaha ha??
@commerceking-gauravjain
Ай бұрын
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Sir book ajayegi kal Amazon per
@commerceking-gauravjain
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Account pade de pura chapter please sir
@commerceking-gauravjain
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Like whose favorite subject is bst and eco❤
@commerceking-gauravjain
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Sir pdf me notes dedo plz i can't pay money
@commerceking-gauravjain
27 күн бұрын
baalak notesbatch mai available hai Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek live Classes pdhni h h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni economics ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
Sir notes kaha mile gee
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir notes please 🙏
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir notes
@commerceking-gauravjain
Ай бұрын
Try Macroeconomics too kzread.info/head/PLwtiQxSjCQsacx49LkUfX_JlTp4Rh0fbv Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni economics ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
Sir me agaya
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
Please sir video thora jaldi dalo. 🙏
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
Sir I want to join your batch but I am arts Student I have only economics
@Gaming_believe
Ай бұрын
Same here bro 😸
@unknown-jl2rr
Ай бұрын
@@Gaming_believe I'm a girl 😂
@Gaming_believe
Ай бұрын
Sorry sis😶🌫️
@unknown-jl2rr
Ай бұрын
@@Gaming_believe it's okyy brother
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Hello sir
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir account pure pade de please 😢
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir mai yaha bhi aa gya
sir awwaz bhot low hai
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
SIRJI M AGYA🙂
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
Sir mai aagayaa
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
Sir aap ki aawaj kam aati hai
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
@Krrishsharmavlog
Ай бұрын
Hmm@@commerceking-gauravjain
sir mai aa gaya
@commerceking-gauravjain
23 күн бұрын
Bahut bhadiya baalak 🔥🔥 Ab next video ki baari - kzread.info/dash/bejne/oISL0ZKMoNark9I.htmlsi=fpTmWnnDh3xAkmWa
sir apki voice thodi low hai
@vinodkumarsingh1765
2 ай бұрын
Nahi bhaiii thik to hai 😮😊
@vinodkumarsingh1765
2 ай бұрын
Bluetooth laga kar dekho
@bhavya9917
2 ай бұрын
Low h!!
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir notes 😢
@commerceking-gauravjain
Ай бұрын
Try Macroeconomics too kzread.info/head/PLwtiQxSjCQsacx49LkUfX_JlTp4Rh0fbv Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni economics ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
Mera yah chapter nahi hai mai up board sa hai
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir ji kitab me itna sab kuch likha hai sub kuch padhana hai
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir lalach bhari pdgya apko 😅
@Avika32
2 ай бұрын
Lalach hota nh toh fees jada hoti .. 👍🏻 Before speaking, use a little mind dear☺️
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir mai aa gya
Sir mai agaya
2024-25 attached herewith you
Sir mai aa gaya
Jaldi jaldi comment kar deta hu like milega 😁😅
@Snurathore
2 ай бұрын
😂😂
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
sir video ki voice low ati h badi !!!!!!
@bhavya9917
2 ай бұрын
Right!
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
@kushagraraj957
Ай бұрын
Yes, I agree 👍
कनेडा😂🤣🤣
@commerceking-gauravjain
27 күн бұрын
Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek live Classes pdhni h h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni economics ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
Sir 150 me dedo 😅😅 watch
Who is here after rcb loss playoffs 😢
@commerceking-gauravjain
Ай бұрын
Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/
@BiswatanaySinha
24 күн бұрын
😂😂😂😂😂@@commerceking-gauravjain
Hello sir
@commerceking-gauravjain
Ай бұрын
Gaurav sir se live pdhna h?????🔥🔥 www.thegauravjain.com/courses/Saarthi-For-Class-12th--Commerce-All-Subjects-660917d8f740b352bb4fd73b Apni eco ki books aa gai order now 🔥🔥- shop.thegauravjain.com/ And, Try business Too🔥🔥- kzread.info/head/PLwtiQxSjCQsZSYZMJu9O8fVOasQVlULek
Sir mai aa gya