Real GDP is taken at Y-axis because it means GDP at constant prices, i.e., it doesn't get affected by change in prices....However,nominal GDP means GDP at current prices,i.e.,it is affected due to change in prices.. Thus,to know exact condition of economy,real GDP is taken instead of nominal GDP. Real GDP is considered as better index of social welfare
@UNICOMeducation3 жыл бұрын
🥇👍
@soniverma63163 жыл бұрын
Thanks
@FGAMING-d6z3 жыл бұрын
Nice way of explaining
@kavithakasagani60882 жыл бұрын
Good information
@azhagarb75984 жыл бұрын
Excellent. I am from Tamilnadu and I do not know Hindi. Even still, you made me to understand these concepts very clearly. Thanks a lot.
@Devikaq4 жыл бұрын
Such an interesting way of teaching. Thank you so much ma'am. 💓
@mishikhankhan78122 жыл бұрын
Boundle Of Thankxx mam Amazing Lecture Concept clear kr dia ap ne
@UNICOMeducation2 жыл бұрын
Thank you . I'm glad
@kushalmukunde23454 жыл бұрын
Mam You Make Very Easy to Understand Economics. Thanks Mam. I am Always Grateful.
@UNICOMeducation4 жыл бұрын
Thank you God bless you
@cgshell...............99814 жыл бұрын
That means that real GDP growth reflects a country's increased output and is not influenced by inflation increasing price level.
@nikitabansal49763 жыл бұрын
Mam ur way of teaching is superb u r such a great teacher
@UNICOMeducation3 жыл бұрын
Thank you 🙏
@shanealam24634 жыл бұрын
Very well explained Mam Thank you so much for providing us free classee
@UNICOMeducation4 жыл бұрын
Welcome. Keep studying 👍😊
@bhavikababbar1824 жыл бұрын
Ma'am u r the best teacher . I really live your teaching style ma'am. Wanna be a teacher like u . Your soft way of teaching is the best ❤ I am your student still i wish that may you have a very happy and healthy life ❤
@UNICOMeducation4 жыл бұрын
Thanks a lot 👍
@shashigupta27784 жыл бұрын
Perfect video ma'am Truly you helped alot
@wethetrendies66454 жыл бұрын
U r good .keep teching us u teach important points. Your eco is ✌️✌️🔥🔥
@shrishtyagarwal83624 жыл бұрын
@only enjoy Thank you for appreciating our work🙏 . All the best 👍
@Umasharma11024 жыл бұрын
I think I have ever seen the best economy lecture before this..mam really you are the best of best ..Dil se aapka thanks itna acche se explain krne ke liye ..
@UNICOMeducation4 жыл бұрын
Thank you. This means a lot 🙏🙏 Keep working hard. All the best
@nomeshpatel90713 жыл бұрын
Thank you so much ,you 're an angle for me .soniya
@UNICOMeducation3 жыл бұрын
🙏
@archiejain35113 жыл бұрын
Amazing lecture !! I Easily understood everything ...Thank u mam!
@AnandSingh-oy5ry3 жыл бұрын
Mam u are best 😍 tnku for ur every lecture
@UNICOMeducation3 жыл бұрын
Ty 🙏
@Mr.commerce993 жыл бұрын
Ur god of economic mam
@UNICOMeducation3 жыл бұрын
🙏
@_myself_aishwarya_2 жыл бұрын
Thank you ma'am!
@AtulSharma-pl9ub5 жыл бұрын
Mam real GDP Isliye lete h Kyunki nominal GDP inflation factor ko consider nhi krta h. For e.g 2015 me total gross output produce hue 100000 unit and price level is 10 then GDP Ho jayega= 1000000 and 2019 me total gross output produce hue 80000 units and prices ho gye 15 then GDP Ho jayega 1200000 aide dekhe to GDP me increase hai but nominal ne price factor consider nhi kiya but hume actually base year ie 2015 ke price ko base laker GDP dekhe to pata lagega ki national output decrease hua h. That's why Real GDP is taken.
@AtulSharma-pl9ub5 жыл бұрын
@@shrishtyagarwal8362 Thank You Mam Very much!😊😊😊
@shrishtyagarwal83625 жыл бұрын
@Atul Sharma - Your explanation and example is correct 👌👌 📣 But remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍
@vanshikakhandelwal23762 жыл бұрын
Maam u r the best teacher 😀
@UNICOMeducation2 жыл бұрын
Economics ka Rudrastra 1st class was open for all , link of 1st demo class 👉 kzbin.info/www/bejne/lXuvimqsndiDosU Regular classes will begin from 12th March, last date of payment is 10th March . Click on this link , pay rs. 89 and become a Rudrastra Member of Unicom 👉 kzbin.info/door/O4nRWhL9Uuvc4NIJoLElHAjoin
@priyankabera49873 жыл бұрын
TOO GOOD MA'AM... THANK YOU SOO MUCH...
@gaurimittal7022 жыл бұрын
Real GDP is the better indicator of economic growth
@bariapreethi73462 жыл бұрын
Great teaching
@Komalchoudhury9353 жыл бұрын
Awesome mam 👍👍😃
@nandanibth9784 жыл бұрын
Good work mam and thanks a lot for this vedio
@prasanshashahi44454 жыл бұрын
Mam why there is real GDP? And whats the difference between real GDP and nominal GDP? Mam as i was from non economics backgroud i dont know much about it.. Would you please like to help me mam?
@shrishtyagarwal83624 жыл бұрын
@Prasansha Shahi , watch this video to understand Real Vs Nominal debate 👉 kzbin.info/www/bejne/b6nXlGyhqM6BpLM
@yogeshtrivedi25082 жыл бұрын
Madam thank you very much
@pulkit535210 ай бұрын
Thank you very much
@lasyasharma46994 жыл бұрын
can can u please tell if anything in economics portion is still remaining or not uploaded...and please upload them asap....humble req
@chironjitsiddha21612 жыл бұрын
Thank you Ma'am
@AkshayBaldha4 жыл бұрын
Real GDP acquire because time to time change in economy
@shrishtyagarwal83624 жыл бұрын
@Prasansha Shahi - Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .
@_trilokinathchaurasia_41192 жыл бұрын
Thank you 💗 mam nice teaching
@UNICOMeducation2 жыл бұрын
Thank you too
@urvashiverma52533 жыл бұрын
Awesome explaining
@jatingulati21014 жыл бұрын
Real gdp because it considers gdp at constant prices or base prices in an economy
@shrishtyagarwal83624 жыл бұрын
Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .
@vijeshsharma65634 жыл бұрын
Màam what the difference b/w real GDP and nominal G.D.P? Plain explain maam. because I was non economic background . Very nice to explain maam cover important topic. Very helpful .✨ Thank you ma'am
@shrishtyagarwal83624 жыл бұрын
Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .
@vijeshsharma65634 жыл бұрын
@@shrishtyagarwal8362 yes mam clear concept ma'am mene dekh lie hai . Difference Vali video nominal GDP& realGDp. all concept clear. thank you ma'am for your explain topic .
@amjadkhan6272 жыл бұрын
Thankyou mam
@esmatulaksim92612 жыл бұрын
Best lecture ❤️❣️
@UNICOMeducation2 жыл бұрын
Ty
@mohammadsaad37003 жыл бұрын
on Y-axis we take REAL GDP because it shows the real/fair growth of an economy. it rises only when output rise as the here price is constant. while in NOMINAL GDP, it rises with the price increase also. Am I right.
@UNICOMeducation3 жыл бұрын
Yes 👍
@shaanvika73833 жыл бұрын
kyunki maam real GDP inflation ko nazar mein rakke banaaya jaatha hai aur nominal GDP inflation ko nazar andaaz karke
@UNICOMeducation3 жыл бұрын
Correct 👍
@rajeshraj88254 жыл бұрын
Nominal gdp is not taken because increase in nominal gdp does not always means rise in production rise in nominal gdp could be because of inflation.
@shrishtyagarwal83624 жыл бұрын
@Rajesh Raj Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .
@shrutikamudgal48144 жыл бұрын
Thank you so much mam
@shivinnya80914 жыл бұрын
Please complete chapter 4
@ankitgarodia50773 жыл бұрын
🙏🏻👌👌👌🙏🏻🙏🏻🙏🏻🙏🏻thanks a lott
@jyotipathak39815 жыл бұрын
Mam second video kha hai isko continue krne k liye??
@shrishtyagarwal83624 жыл бұрын
@Jyoti Pathak :- Here is the link for the next video 👉 kzbin.info/www/bejne/f3fJeaWXmpd7pM0 All the best 👍☺️ Also watch COMPLETE REVISION VIDEO OF CHAPTER 5
@bsanaanjum37094 жыл бұрын
Mam real gdp is not affected by any price level changes were as nominal GDP is affected when price level changes . Mam please tell whether my ans is true or false
@samridhiupadhyaya38584 жыл бұрын
Yes mam very nice But one question is there😅😌 Mam abhi joh Corona virus ke chlte sab jagah lockdown laga h toh isme bhi toh employment abhi nahi hori na investment hori toh yeh good trade period h ki bad trade period abhi wale situation m goods ya services ke prices high honge ki Kam??😌 Kyuki yaha bhi toh demand goods ki abhi jyada h lekin supply utni nahi hori hai.. Mera yeh doubt tha pls clear mam🙏😅💗
@samridhiupadhyaya38584 жыл бұрын
Mam answer mil payega??
@t.vfactsmore82664 жыл бұрын
law of demand and supply ke assumptions padho ans mil jayega.
@gaurimittal7022 жыл бұрын
Mam isme aapne expansion/ boom likha hai but peak hota Haina boom to
@syedasarah81143 жыл бұрын
Good afternoon ma'am, I am not from eco background ma'am, ma'am gdp means the total protection know ma'am?
@UNICOMeducation3 жыл бұрын
Google karo. It is total production , not protection
@syedasarah81143 жыл бұрын
Sorry ma'am typing error ho gaya.... Thank you ma'am ❤
@omkarways3 жыл бұрын
Best
@UNICOMeducation3 жыл бұрын
Thank you 🙏🙏
@bsanaanjum37094 жыл бұрын
Mam can u please give one example for durable and non durable goods
@geetasolanki67474 жыл бұрын
Real GDP isliye kyuki economic aggregrate activity ko include karta hai Business cycle. Is it right maam?
@shrishtyagarwal83624 жыл бұрын
@Geeta Solanki - Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP ie. All figures which exclude inflation . 👍👍 HOPE IT IS CLEAR NOW .
@geetasolanki67474 жыл бұрын
@@shrishtyagarwal8362 Ty maam 😀
@kamalprabhakar60555 жыл бұрын
thanks mam.
@shrishtyagarwal83625 жыл бұрын
@Kamal prabhakar your welcome. Hope you are getting benefitted by our videos 👍 Stay tuned for Economics Revision Videos
@drashtijain73553 жыл бұрын
Mam, boom means expansion ryt??
@UNICOMeducation3 жыл бұрын
Boom means Peak , not expansion
@drashtijain73553 жыл бұрын
@@UNICOMeducation thnkuhhh😊
@ritikabansal21424 жыл бұрын
Thanks mam
@hritikagulati4 жыл бұрын
Mam boom is for expansion or peak ???
@UNICOMeducation4 жыл бұрын
Boom is peak , not expansion
@hritikagulati4 жыл бұрын
@@UNICOMeducation ty mam
@Prajwaljain_043 жыл бұрын
Nominal just gives an idea but real only tells ur business cycle
@RahulGupta-rq4fn4 жыл бұрын
Because of economic aggregates
@shubhamjha97984 жыл бұрын
Because it is aggerate economic activity
@shrishtyagarwal83624 жыл бұрын
@Prasansha Shahi - Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .
@rahulpant38585 жыл бұрын
mam kya aap paper 4 previous years k upload kar sakti hai for better understanding ?
@shrishtyagarwal83625 жыл бұрын
@Rahul Pant - Soon we will be coming up with Revision Lectures for Economics, I will try to include past year questions there in the Revision Lectures .So stay tuned 👍 Q- Tell me why Real GDP is written in the diagram & not Nominal GDP ?
@rahulpant38585 жыл бұрын
@@shrishtyagarwal8362 Mam Becoz Real GDP is not affected by any price level changes on the other hand Nominal GDP is affected by price level changes . Thus , Real GDP is good measure of economic welfare.
@shrishtyagarwal83625 жыл бұрын
@@rahulpant3858 👌 Keep up the spirit and Work hard 😊
@rahulpant38585 жыл бұрын
@@shrishtyagarwal8362 thanks a lot mam
@UNICOMeducation4 жыл бұрын
Already uploaded on telegram channel @Rahul Pant
@madhurijadhav12674 жыл бұрын
Bcoz business contribute to GDP if business me kuch up n downs aata h toh GDP pr nhi effect hoga.... That's why to get real GDP we have taken the Real GDP on y-axis
@madhurijadhav12674 жыл бұрын
GDP pr bhi* effect hoga
@shrishtyagarwal83624 жыл бұрын
Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .
@madhurijadhav12674 жыл бұрын
@@shrishtyagarwal8362 yes mam I got it .... thank you so much 😍😍love to see your comment first time...your are really a best teacher ever I saw in my life...you contribute 80% towards my caf success mam ...I really want your blessings 🙇🏻♀️🙇♀️🌈🔥😍🥰😇
@sukhbhatia28844 жыл бұрын
MAM CAN U GIVE US A FAVOUR PLEASE CAN U CONDUCT A LIVE SESSION FOR DOUBTS LET ME KNOW PLEASE
@UNICOMeducation4 жыл бұрын
Okay I will plan for it 👍
@sukhbhatia28844 жыл бұрын
@@UNICOMeducation thank u mam
@bonsbbyx4 жыл бұрын
where can we get the notes?
@UNICOMeducation4 жыл бұрын
UniCom CA Foundation Find Courses, notes, guidance for CA foundation Exam t.me/unicomcafoundation
@amit898214 жыл бұрын
mam ish se related question provde kr do
@amit898214 жыл бұрын
mam given kardo
@shrishtyagarwal83624 жыл бұрын
I will take a class solving all Past questions from this chapter @Amit Rawat . Meanwhile you solve all back questions from module 👍
@amit898214 жыл бұрын
@@shrishtyagarwal8362 mam done but this is not sufficient in module
@shrutiagrwal11152 жыл бұрын
Ye full chap hai ?
@UNICOMeducation2 жыл бұрын
No.
@simposter94674 жыл бұрын
MAM HUMKO LAST YEARS KE SAARE QUE PAPERS KAHA SE MILEGE ???
@sruthipasham93294 жыл бұрын
drive.google.com/drive/mobile/folders/13xLa-Rtpc3CYg9XuCon4DmdMrjkz7Sm7 Try with this link
@shivamarora32563 жыл бұрын
pta nhi madam
@ashikaramalingamashikarama93295 жыл бұрын
Pls do ur videos in english
@UNICOMeducation5 жыл бұрын
We understand your concern but majority students demand videos in english . Thus keeping the interest of all in mind , we try our best to make it a mix of both languages. In case you have any doubts in any particular topic, we will be glad to help you 👍
@sameeridrishi28973 жыл бұрын
Falls falls
@308pradeepgupta84 жыл бұрын
Thanks mam
@prasanshashahi44454 жыл бұрын
Mam why there is real GDP? And whats the difference between real GDP and nominal GDP? Mam as i was from non economics backgroud i dont know much about it.. Would you please like to help me mam?
@shrishtyagarwal83624 жыл бұрын
@Prasansha Shahi - Remember Nominal GDP takes into account Inflation also , it calculates value at Current Prices which includes effect of Inflation as well & Real GDP ignores / excludes effect of Inflation , & that is why inorder to get a true picture / correct value of GDP ,we take Real GDP . 👍👍 HOPE IT IS CLEAR NOW .