# Commerce Formulas for class 11 and 12

Formulas are helpful for the students in order to understand the concepts of Economics and Accountancy which are the main subjects that are studied in Commerce. Economics as a subject represents the production, distribution and consumption of products in a country. It also helps businesses to determine the best combination for achieving maximum profit.
For a student, having a good understanding of the fundamentals is very much important, it will help them in grasping the concept easily, which can prove to be beneficial in learning. This page contains a repository of the basic formulas that are used in Commerce subjects such as Economics and Accountancy.
It will serve as a quick guide to the students of Class 11 and 12 who are looking for formulas for Economics and Accountancy.

 GDP Deflator Formula Velocity Of Money Formula National Income Formula Marginal Cost Formula GDP Formula GDP Deflator Formula Price Elasticity of Demand Formula Total Cost Formula Elastic Demand Formula Marginal Revenue Formula Money Multiplier Formula Consumer Price Index Formula Real GDP Formula Income Elasticity of Demand Formula Inflation Rate Formula Total Revenue Formula Consumer Surplus Formula Unemployment Rate Formula Nominal GDP Formula Balance of Payments Formula Marginal Product Formula Average Revenue Formula Average Total Cost Formula Real Interest Rate Formula Average Variable Costs Formula Disposable Income Formula Net Exports Formula Price Elasticity Of Supply Formula Aggregate Demand Formula Purchasing Power Parity Formula Cross Price Elasticity Of Demand Formula GDP Per Capita Formula Closing Stock Formula