Methods of Measuring National Income

In preparing the national income estimate it is necessary to add the values of all final goods and services produced and exchanged during a year. Thus what ever is produced is either used for consumption or saving. There are three methods of estimating national income. They are: 

• The census of products method 

• The census of income method 

• The expenditure method 

Note: This is published for the internal use (of St. Philomena's College students) only and hence requires verification. 

1. Proceed to Full Article (Registered Students)

2. Register for Verification (New Students)