This is the final frontier of HL math, often causing the most confusion regarding currency valuation.
No direct calculation usually required, but the repack must list:
Formula to annotate: [ \textDimension Index = \frac\textActual value - \textMinimum value\textMaximum value - \textMinimum value ] Then take the geometric mean of the three indices. ib economics hl formula booklet repack
Repacking is about clarity: keep variables named, include small sketches, annotate common interpretation rules, and prioritize the handful of formulas that drive most HL exam marks (elasticities, multiplier, cost/revenue relationships, GDP identity). That focused one- or two-page booklet will beat a longer, cluttered list every time.
Would you like a printable one-page cheat-sheet layout I can format for you? This is the final frontier of HL math,
The "IB Economics HL Formula Booklet Repack" is not an official IB publication, but rather a student-created or third-party compiled resource that reorganizes the official IB Economics formula booklet (provided in exams) into a more study-friendly format.
Here are its key features typically found in such a “repack”: Repacking is about clarity: keep variables named, include
The booklet lists: [ \textTotal Revenue (TR) = P \times Q ] [ \textTotal Cost (TC) = \textFC + \textVC ] [ \textProfit = \textTR - \textTC ]
Repack Addition:
For perfect competition (HL):
For monopoly (HL):
[ \textMoney multiplier = \frac1\textReserve ratio ]