AP, IB, and College Microeconomic and Macroeconomic Principles 

22 Key Macroeconomics Formulas – AP/IB/College

22 Macroeconomics formulas you need to know for ​the Exam

Updated 4/13/2021 Jacob Reed
Below you will find all the formulas you need to know for Macro Economics. Unfortunately for some, the Macro exam is a little more math heavy than the Micro exam. But fear not, the list below is all you need. If you need some explanations, checkout the video too! 


GDP Formulas
Output Expenditure Model                      
GDP=C+Ig+G+(X-M)= Consumption + Gross Investment + Government Spending+ (Exports – Imports)
Income Approach
GDP = Compensation of Employees + Rents + Interest + Proprietors Income + Corporate Profits + Taxes on Imports + Statistical Discrepancy – Consumption of Fixed Capital