👉 Consumption math is a method used to analyze and understand how resources, such as goods or services, are utilized over time. It involves breaking down consumption patterns into distinct periods, typically monthly or quarterly, and examining the rate at which these resources are consumed. By calculating consumption rates, economists can identify trends, such as seasonal fluctuations or long-term changes in demand. This approach helps in forecasting future consumption and understanding the impact of various factors, like price changes or policy interventions, on consumer behavior. Essentially, consumption math provides a structured way to quantify and interpret how much of a resource is used at any given time, offering insights into economic activity and planning.
