Ib Economics Hl Formula Booklet 'link' -

: Percentage change in CPI; Unemployment rate calculations. The Global Economy Terms of Trade : (Index of average export prices ÷divided by Index of average import prices) ×100cross 100 Gini Coefficient : Measuring income inequality. Where to Find Unofficial Booklets

In the HL-specific Paper 3, you must be able to perform these calculations: : [(New - Old) / Old] × 100 Linear Demand Function : Qd = a - bP Linear Supply Function : Qs = c + dP ib economics hl formula booklet

The Microeconomics section of the booklet is the most calculation-dense. It governs how markets function and how agents (consumers and firms) respond to price signals. : Percentage change in CPI; Unemployment rate calculations