Percentage change
What Percentage change means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Percentage change
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Reference: Pearson Edexcel
The relative change between two values, calculated as ((new value - original value) / original value) x 100.
Calculated as the change in value divided by the original value, multiplied by 100.
Topics that use Percentage change
- Appendix 3: Quantitative skills (Pearson Edexcel A-Level)
- Income elasticity of demand (YED) (Pearson Edexcel A-Level)
Related terms
- Base year
- Cross elasticity of demand
- Data interpretation
- Economic cycle
- Fraction
- Income elasticity of demand
- Income elasticity of demand (YED)
- Index numbers
Using Percentage change in the exam
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