You are here
Home > Posts tagged "National Income"

National Income Accounting: Methods and Problems

In this article, we will try to explain the concept of national income accounting, methods of measuring national income and the problems associated with the measurement of national income. Before reading this article, we recommend to read and understand about the important concept of gross

Gross Domestic Product and GDP Growth Rate

This article intends to describe the meaning of Gross Domestic Product (GDP), illustration of GDP with hypothetical example, and GDP growth rate in very simple term so that any starter of macroeconomics could understand it clearly. If you are new to macroeconomics and want to