Economics Formulas

Key economics formulas for GDP, inflation, pricing, and market analysis.

Calculate the CPI to track changes in the cost of living. The most widely used measure of price levels in an economy.

Convert amounts between currencies using exchange rates. Essential for international trade and travel calculations.

Calculate Gross Domestic Product using the expenditure approach. The primary measure of a country's economic output.

Calculate the rate at which prices increase over time. Measures the decrease in purchasing power of money.

Calculate the cost of producing one additional unit. Essential for pricing decisions and profit maximization.

Find the equilibrium price and quantity where supply equals demand. The foundation of market economics.