Ib Economics Hl Formula Booklet Repack [repack] Site

\textCurrent Account + \textCapital Account + \textFinancial Account + \textErrors & Omissions = 0

[ \textCPI = \frac\textCost of basket in current year\textCost of basket in base year \times 100 ] [ \textInflation rate = \frac\textCPI \textnew - \textCPI \textold\textCPI_\textold \times 100 ]

PES=%ΔQS%ΔPcap P cap E cap S equals the fraction with numerator % cap delta cap Q cap S and denominator % cap delta cap P end-fraction ib economics hl formula booklet repack

AP=TPLcap A cap P equals the fraction with numerator cap T cap P and denominator cap L end-fraction

This is and often appears in Paper 3 calculations. Examiners don't just look for the right final

The subsidy lowers costs, shifting the supply curve vertically downward by the amount of Total Government Expenditure:

YED=%ΔQD%ΔYcap Y cap E cap D equals the fraction with numerator % cap delta cap Q cap D and denominator % cap delta cap Y end-fraction ib economics hl formula booklet repack

Real GDP=Nominal GDPGDP Deflator×100Real GDP equals the fraction with numerator Nominal GDP and denominator GDP Deflator end-fraction cross 100

[ \textPES = \frac%\ \textchange in quantity supplied%\ \textchange in price ]

Paper 3 is where your repacking efforts will pay off the most. The IB's command terms for this paper often include and "Interpret," which are directly tied to AO4 (use and application of skills). Examiners don't just look for the right final number—they want to see your method . Here are the essential rules for excelling at IB Economics calculations: