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economicsstudyhemant
HEMANT JAIN
8 episodes
1 day ago
In the search of new ways of teaching this is one more way I find to deliver my knowledge to the students. Listening is one more important way of learning something new. I hope it will enhance knowledge of listeners and it will also improve myself.
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All content for economicsstudyhemant is the property of HEMANT JAIN and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
In the search of new ways of teaching this is one more way I find to deliver my knowledge to the students. Listening is one more important way of learning something new. I hope it will enhance knowledge of listeners and it will also improve myself.
Show more...
Courses
Education
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Circular Flow of Income# National Income
economicsstudyhemant
12 minutes 3 seconds
5 years ago
Circular Flow of Income# National Income
In This podcast I am going to explain about circular flow of income model for a two sector economy or closed economy. household sector and business sector are the two basic sectors of economy we are taking both of them here with the assumption that both sectors are not saying anything. Household sector is the owner of all the factors of production like land, labour, capital, entrepreneur. Housefull sector provides these factors of production to business sector and business sector produces goods and services by utilising these factors of production. This is real flow. And return business sector pays to factors for their services and housefull sector pays to business sector for goods and services. This is nominal flow. the nominal flow and real flow are the parts of circular flow of income. In this podcast you will also find the the application or importance of circular flow of income model. Most important 1S provides the three methods of measurement of National Income production method, income method and expenditure method.
economicsstudyhemant
In the search of new ways of teaching this is one more way I find to deliver my knowledge to the students. Listening is one more important way of learning something new. I hope it will enhance knowledge of listeners and it will also improve myself.