This book is brought up in accordance with the subject of GDP and Inflation. In this book, the subject matter is expressed in clear way so that each and every reader understand the subject easily. In the book, I clearly mentioned the Meaning of GDP, Inflation, Calculation of GDP, types of price indices, causes of inflation, etc. Hence, this book will help the readers to understand GDP and Inflation. I believe that with the help of this book, every reader gets the scope of knowledge which helps them in getting the understanding of GDP and Inflation basics. I wish that this book will win the heart of every user. The main features of the book are simple understanding and key concepts. This book is very helpful to readers to learn about GDP and Inflation with suitable examples. This book is useful to everyone in Accounts field like students, Accounts executives, Analysts etc… . It is hoped that this will facilitate a better understanding of the subject matter. I welcome any valuable suggestions regarding this book in a better and improved way. Suggestions will be incorporated in the subsequent editions.
All the best … Chandra Sekhar Sri Venkateswara University chandrakindle55@gmail.com
CONTENTS GROSS DOMESTIC PRODUCT I. Meaning of GDP II. Calculation methods of GDP 1. GDP based on Production 2. GDP based on Income 3. GDP based on Expenditure III. Formula to obtain GDP Consumption Investments Government Expenditure Net exports IV. Other components 1. Net National product 2. National income 3. Private Income 4. Personal income 5. Disposable income V. Difference between GDP and GNP VI. Difference between Normal GDP and Real GDP VII. Limitations of GDP VIII. Case
INFLATION I. What is Inflation II. Calculation of inflation rate Example 1 Example 2 III. Classification of Inflation 1. demand-Pull effect 2. Cost-push effect 3. Built in inflation IV. Inflation Indices 1. Wholesale Price Index 2. Consumer Price Index V. Price Index Problem & solution VI. Inflation is a good or bad VII. Controlling Inflation VIII. Other terms 1. Deflation 2. Stagflation