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IB style

May 2014
IB Economics formula for HL paper 3

Guys the greatest challenge for econ HL p3 is we do NOT have a data booklet for us!!!

So instead of memorizing the formula one by one difficulty, why not we all start posting formulas rite here? Summarize them up and we can all get 7s for our economics.

Let me begin,

TR=PQ

PED=Change in price/change in quantity

TC=TFC+TVC or ACQ

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Hey,
I learn econ in french so sorry if i chose the wrong acronyms :)

TMC=TMFC+TMVC=TC/PQ

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