Ib Economics Hl Formula Booklet =link= Official

Macroeconomic calculations focus on measuring national income, economic growth, inflation, and unemployment. National Income Assessment

PES=% change in quantity supplied% change in pricePES equals the fraction with numerator % change in quantity supplied and denominator % change in price end-fraction Costs, Revenues, and Profits Total, Average, and Marginal Revenue: Profit: ib economics hl formula booklet

PES=%ΔQs%ΔPPES equals the fraction with numerator % cap delta cap Q sub s and denominator % cap delta cap P end-fraction Percentage Change Calculation and Profits Total