engineering economy and management
TRANSCRIPT
VADODARA INSTITUTE OF ENGINEERING
Active Learning Assignment
Of
Engineering Economics and Management (2130004)
Topic:- National Income & National Income at Current
Price & at Constant Price
Presented by
Herrik Prajapati 150800107068
Guided by
Pro. Kinjal Patel
•
•
•
• Definition:
“The labour and capital of a country acting on its natural resources produce annually a certain net aggregateof commodities material an immaterial including services of all kinds”–Marshall
OR
“National income consists solely of services as received by ultimate consumers, whether from their material orfrom their human environments” – Fisher
OR
“National income is a collection of goods and services reduced to a common basisby being measured in termsof money” – Hicks
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
HTTPS://EN.WIKIPEDIA.ORG/WIKI/MEASURES_OF_NATIONAL_INCOME_AND_OUTPUT
HTTPS://DATAHELPDESK.WORLDBANK.ORG/KNOWLEDGEBASE/ARTICLES/114942-WHAT-IS-THE-DIFFERENCE-BETWEEN-CURRENT-AND-CONSTAN
