Economics Formulas

Economics Formulas

About application: This is a really very good application. As a businessman or economics student you need to know some formulae to know about your market and business.

You can use this app in case you need to know

Cost Formulas (Average Total Cost, Variable Cost, Fixed Cost)

Interest Rate Formulas (real interest rate, nominal interest rate)

GDP Formulas (GDP Growth rate, Real GDP, Income and Expenditure Approach)

Inflation Formulas (Inflation rate, CPI, deflator)

Marginal Cost (marginal cost, marginal product, marginal revenue)

Product Revenue Formula (average product, total revenue, economic profit)

Time Value of Money (future value, present value)

Wage Change Formulas (changes in real wage, change in nominal wage)

GDP Multiplier Formulas (tax multiplier, spending multiplier, MPC, MPS)

Banking Formulas (money multiplier, maximum checkable deposit)

With the help of this apps any business owner or economics background person can easily know about

GDP, Total cost, variable cost, fixed cost, GDP Growth rate, future value, present value, tax multiplier, Deflator, total revenue, economic profit and much more.

You can get all economics related formulas in one place.