Economics

Macroeconomics

Inflation, GDP, unemployment and economic elasticity.

Economics

Inflation rate

π = (CPI₂ − CPI₁) / CPI₁ × 100%→
Economics

GDP deflator

D = Nominal GDP / Real GDP × 100→
Economics

Real GDP

Real GDP = Nominal GDP / (D / 100)→
Economics

Unemployment rate

U = Unemployed / Labor force × 100%→
Economics

Price elasticity of demand

E = ΔQ% / ΔP%→
Economics

Keynesian multiplier

k = 1 / (1 − MPC)→