Garis besar topik

    • National income means the value of goods and services produced by a country during a financial year. Thus, it is the net result of all economic activities of any country during a period of one year and is valued in terms of money. National income is an uncertain term and is often used interchangeably with the national dividend, national output, and national expenditure. We can understand this concept by reading these material:

      1. Powerpoint PPT: https://drive.google.com/file/d/1dXEimm56ZAeMqz6nQBjBDvEAZ5w_lvro/view?usp=sharing

      2. Book Macroeconomics Mankiw: - Please read Chapter 3. "National Income: Where it Comes From and Where it Goes"

      3. Brief video about National Income and Component of GDP: 

      4. Brief video about National dan Real GDP: 

      5. Brief Video about The Law of Diminishing returns & Economies of Scale (yeaahh you will learn it later in micro, but in case of understanding of production funtion its worth to try ^^): 

       & 

    • Just read the material and try to understand the component of GDP, n try to contemplate the trend of your own GDP Country ...we will meet at Mid Exam ^^