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Share this: Click to share on WhatsApp (Opens in new window) Click to share on Twitter (Opens in new window) N ATIONAL INCOME ACCOUNTING 8 2.1 Some Basic Concepts of Macroeconomics 8 2.2 Circular Flow of Income and Methods of Calculating National Income 14 2.2.1 The Product or Value Added Method 17 2.2.2 Expenditure Method 20 2.2.3 Income Method 22 Exam Pattern. It will help you prepare quickly for your exams, find answers to textbook problems as well as get solved previous papers. Get better marks with CBSE English Revision Notes for Class 12. CBSE Class 12 Economics Notes – Free PDF Download. Further, they are all made with the latest educational year's subject material so that any deviation in the syllabus is considered as well. 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