Subjects / Economics
Economics
Elasticities, GDP, indices, multipliers and ratios.
19 formulas
Filter19 formulas
Elasticity
Price Elasticity of Demand
Responsiveness of quantity demanded to price.
Income Elasticity of Demand
Responsiveness of demand to income changes.
Cross Elasticity of Demand
Responsiveness of demand for A to price of B.
Price Elasticity of Supply
Responsiveness of supply to price changes.
Income elasticity (YED)
Income elasticity (YED)
In booklet
Cross elasticity (XED)
Cross elasticity (XED)
In booklet
Price elasticity of supply
Price elasticity of supply
In booklet
Macroeconomics
GDP (expenditure approach)
Aggregate demand identity.
Keynesian Multiplier
Multiplier from marginal propensity to consume.
Real GDP
Inflation-adjusted GDP using a price deflator (base 100).
Marginal propensity to consume
Fraction of additional income spent on consumption.
Total revenue
Revenue equals Price times Quantity.
In booklet
Unemployment rate
Unemployment rate
In booklet
Marginal propensity to save
Marginal propensity to save
In booklet
Real interest rate (Fisher)
Real interest rate (Fisher)
In booklet
Money multiplier
Money multiplier
In booklet
Quantity theory of money
Quantity theory of money
In booklet