Additional Economic Formulas and Market Analysis Tools
This page continues with more advanced economic formulas and introduces market analysis tools that are crucial for students studying économie Terminale STMG.
The page starts with the formula for Marginal Propensity to Consume, which is incomplete in the provided transcript but typically calculated as:
- Marginal Propensity to Consume = Change in Consumption / Change in Income
Definition: The Marginal Propensity to Consume shows how much of each additional unit of income is spent on consumption.
Next, the document presents formulas related to budgeting and financial planning:
- Budget Coefficient = AmountofBudgetItem/TotalConsumptionExpenditure × 100
- Self-Financing Rate = SavingsAmount/InvestmentSum × 100
Highlight: The self-financing rate is crucial for understanding a company's or individual's ability to fund investments without external financing.
The formula for calculating interest rates is provided:
- Interest Rate = (AmountofInterestPaid/SumBorrowed)×GivenPeriod × 100
Example: If you borrow €10,000 and pay €500 in interest over a year, the interest rate would be 500/10,000 × 1 × 100 = 5%
The document then introduces market analysis tools:
- Competitive Intensity = Sum of Squared Market Shares
- Price Elasticity of Demand = VariationinDemand/VariationinPrice
- Cross Elasticity = VariationinProductA/VariationinProductB
Vocabulary: Elasticité prix-demande PriceElasticityofDemand, Elasticité croisée CrossElasticity
These formulas are essential for analyzing market dynamics, consumer behavior, and the relationships between different products in the market.
Highlight: Understanding how to use these formulas for calcul Bac Economie EconomicsBaccalaureatecalculations is crucial for success in the STMG program and beyond.
The page concludes with the term "RAÏVNDLY," which appears to be a typo or an unexplained acronym in the context of this economic formula sheet.