📘Formula 'ECONOMICS' Barataan kutaa 12ffaa tokkoo beekuu qabu
🚩Microeconomics1.
Price Elasticity of Demand (PED):
PED = % Change in Quantity Demanded / % Change in Pric}
2.
Income Elasticity of Demand (YED):
YED = % Change in Quantity Demanded / % Change in Incom}
3.
Cross Elasticity of Demand (XED):
XED = % Change in Quantity Demanded of Good A / % Change in Price of Good }
4.
Total Revenue (TR):
TR = Price × Quantity
5.
Average Total Cost (ATC):
ATC = Total Cost / Quantity Produce}
6.
Marginal Cost (MC):
MC = Δ Total Cost / Δ Quantit}
7.
Marginal Revenue (MR):
MR = Δ Total Revenue / Δ Quantit}
8.
Profit:
Profit = Total Revenue - Total Cost
🚩Macroeconomics1.
Gross Domestic Product (GDP):
• Expenditure Approach:
GDP = C + I + G + (X - M)
where C = Consumption, I = Investment, G = Government Spending, X = Exports, M = Imports.
2.
GDP per Capita:
GDP per Capita = GDP / Populatio}
3.
Inflation Rate:
Inflation Rate = CPI₍new) - CPI₍old) / CP_(old)} × 100
where CPI = Consumer Price Index.
4.
Unemployment Rate:
Unemployment Rate = Number of Unemployed / Labor Forc} × 100
5.
Money Multiplier:
Money Multiplier = 1 / Reserve Rati}
🚩International Economics1.
Balance of Payments:
• Current Account + Capital Account + Financial Account = 0
2.
Exchange Rate:
• Nominal Exchange Rate: Price of one currency in terms of another.
🚩Other Useful Formulas1.
Compound Interest:
A = P(1 + r/n)ⁿᵗ
where A = Amount, P = Principal, r = Annual interest rate, n = Number of times interest is compounded per year, t = Number of years.
2.
Present Value (PV):
PV = FV / (1 + r)ⁿ
where FV = Future Value, r = interest rate, n = number of periods.
3.
Net Present Value (NPV):
NPV = ∑ₜ₌₀ⁿ Cₜ / (1 + r)ᵗ
where Cₜ = Cash flow at time t, r = discount rate, n = number of periods.