Basic Concepts of Economics — Formula Sheet
ICSE · Class 11 · Economics
4 formulas from Basic Concepts of Economics (ICSE Class 11 Economics) on one page, grouped by topic. Part of the ICSE Class 11 Economics syllabus.
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Formulas and Key Relations
2. Utility
MU = TUn - TUn-1
MU = ΔTU / ΔQ
TUx = F(Nx)
TUx = MU1 + MU2 + ... + MUn = Σ(x=0 to n) MUx
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