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In this session, we dive deep into Unit 2 of National Income and Related Aggregates. This unit is the bridge between basic circular flow and complex numericals. We cover the crucial theoretical concepts that appear year after year in the board exams, simplified for the 2026 Boards. 📖 Key Topics Covered: • Basic Aggregates of National Income: Understanding GDP, NDP, GNP, and NNP. • Market Price (MP) vs. Factor Cost (FC): The role of Net Indirect Taxes (NIT). • Gross vs. Net Concepts: How depreciation changes the value. • Domestic vs. National Aggregates: Mastering Net Factor Income from Abroad (NFIA). • National Disposable Income: Personal and Private income overview. • Real GDP vs. Nominal GDP: Why price levels matter and how to calculate the GDP Deflator. 🎯 Why watch this? • Covers High-Weightage topics for the 2026 exams. • Simplifies "Related Aggregates" which students usually find confusing. • Ideal for CBSE, ISC, and State Board commerce/humanities students. Get the Most Out of Your Study: ✅ Subscribe to complete the full Macroeconomics One Shot series. 🔔 Click the Bell to be the first to watch our Numerical solving sessions. 👍 Like the video if you want more theory-to-numerical bridge classes! 💬 Comment below: Which aggregate do you find the hardest to calculate? #NationalIncome #Class12Economics #Macroeconomics #Boards2026 #CommerceClass12 #Unit2Economics #economictheory