National-income measures

National-income measures

Bachelor of Business Studies (BBS) — Second Year

Subject: Macroeconomics for Business (MGT 209)

Unit 2: National Income Accounting

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

• Explain the scope and key elements of national-income measures.
• Explain the economic model or issue, identify its assumptions and interpret the relevant diagrams, calculations or dated evidence.

Curriculum Scope

• GDP, NDP, GNP and NNP at market prices and factor cost
• Personal income
• Disposable personal income
• Per-capita income

Detailed Microsyllabus

1. Output and income aggregates

   1. GDP, NDP, GNP and NNP.
   2. Depreciation and net factor income from abroad.
   3. Market prices and factor-cost adjustments.

2. Household and per-capita measures

   1. Personal income and disposable personal income.
   2. Adjustments linking aggregates to household income.
   3. Per-capita calculation and interpretation limits.

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Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, PDF pages 24-26.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit or component allocations apply at their stated level; no separate topic hours or marks are assigned here. Nepalese current-status discussions should identify the reporting period and use dated official publications, such as Nepal Rastra Bank reports, rather than undated figures.