Money Supply Calculator
The velocity of Money Calculator
Average Price Level Calculator
Volume of Transactions Calculator
The quantity theory of money formula is:
MV = PT
M = Total amount of money in circulation in the economy
V = Velocity of money
P = Average price level
T = Volume of transactions
The individual equations can be solved as:
M = PT / V
V = PT / M
P = MV / T
T = MV / P
Sources and more resources
- Wikipedia – Quantity Theory of Money – An overview of the quantity theory of money.
- Khan Academy – Quantity theory of money – Part of a larger course on macroeconomics, this video describes the quantity theory of money and how parts of it are calculated.
- ACDC Leadership (YouTube) – Quantity Theory of Money – Macro 2.5 – A video explaining the quantity theory of money.
- jodiecongirl (YouTube) – The Quantity Theory of Money – Another video explaining the quantity theory of money.