National Income


Topic: National Income
Learning Objectives – At the end of the lesson, the students should be able to:
1 Explain the following National Income concepts: (a) Gross Domestic Product (GDP; (b) Gross National Product (GNP; (c) Cost of living; (d) Per Capital income; (e) Standard of living. (SSCE 2016 Q8)
2 Define gross national income. (SSCE 2014 Q6a)

3 Distinguish between: (i) Personal income and disposable income; (ii) Nominal income and real income, using appropriate examples. (SSCE 2014 Q6b)
4 Outline any three uses of national income statistics. (SSCE 2014 Q6c)
Learn so well from SS2 Economics 2nd Term Online Classes.

5 Distinguish between personal income and national income. (SSCE 2005 Q11a)
6 Describe any four uses of national income data. (SSCE 2005 Q11b)

7 Describe the three methods of measuring national income.(SSCE 2004 Q12b)
8 Define National income and state its importance. (SSCE 1990 Q6)

Other Classes are Listed Below
for Economics
SS 1 SS 2 SS 3
1st 2nd 3rd 1st 2nd 3rd 1st 2nd 3rd

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