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Economics Lecture 4: GDP Calculation Methods 🧮 | Value Added, Income & Expenditure ✅ GDP nikalne ka formula "C + I + G + (X-M)" kya hai? Aur Circular Flow of Income kaise kaam karta hai? 🔄 Ye Economics Series specially BPSC AEDO aspirants ke liye design ki gayi hai, lekin ye Bihar SI (Daroga), BSSC CGL/Inter Level, aur BPSC TRE (Teacher) exams ke liye bhi utni hi helpful hai. Is video mein hum GDP Calculation ke 3 Methods (Product, Income, Expenditure) aur Double Counting ki problem ko detail mein samjhenge. ⏱️ Video Chapters (Timestamps): 00:00:00 - Introduction: The Puzzle of Counting Economy. 00:01:15 - Circular Flow of Income: Production = Income = Expenditure. 00:03:10 - Product Method (Value Added): Wheat to Bread Example. 00:05:00 - Problem of Double Counting & How to avoid it? 00:06:00 - Income Method: Wages + Rent + Interest + Profit. 00:07:50 - Expenditure Method: Formula C + I + G + (X-M). 00:09:20 - Why Imports (M) are subtracted in GDP? 00:11:40 - Revision Trick: PIE Rule (Product, Income, Expenditure). 📚 Topics Covered in This Video: What is "Value Addition"? (Output Value - Intermediate Consumption). Components of Expenditure Method (Consumption, Investment, Govt Spending, Net Exports). Why Income Method is difficult to use in India? (Unorganized Sector). The concept of "Circular Flow" in Macroeconomics. 🎯 Target Exams: BPSC AEDO (Assistant Educational Development Officer) Bihar SI (Daroga) & Bihar Police Constable BSSC CGL (Graduate Level) & Inter Level BPSC TRE 3.0/4.0 (Teacher Recruitment Exam) 📺 Watch More Important Playlists: 🔹 Bihar Special GK Full Course: • भारतीय राजव्यवस्था – Zero to Advance | Ind... 🔹 Modern History of Bihar: • Bihar-Matters 🎯 बिहार स्पेशल पूरा कोर्स 🔹 Indian Polity (Zero to Advance): • Complete Geography – Physical, Indian & Wo... 🔗 Connect with Bihar Matters: ✅ WhatsApp Channel: https://whatsapp.com/channel/0029VbC0... ✈️ Telegram (For PDF Notes): https://t.me/bihar_matters 🔔 Agar aapko ye video helpful lage to Like, Share aur Subscribe zaroor karein! #Economics #GDPCalculation #BPSCAEDO #BiharSI #BSSC #BPSCTRE #CircularFlow #ExpenditureMethod #BiharDaroga #BiharMatters