Economy

Money

Raw Income

Raw Income = [(2.25*Employed Peasants) + (0.75*Unemployed Peasants) + (0.5*Prisoners) + (Banks*25*BE)]

Modified Total Income

Modified Income = Raw Income * Plague * Riots * Bank % Bonus * Income Sci * Honor Income Mod 
                      * Race Mod * Personality Modifier * Monarchy * Dragon

Modifier Type	Active	Otherwise
Plague modifier	0.85	1 (or if Personality = Merchant)
Riots modifier	0.8	1 (or if Personality = Merchant)
Race Modifier: Human	1.25	1
Personality Mod: Merchant	1.30	1
Monarchy	1.1	1
Dragon	0.9	1
Honor Income Bonus	Check Table

Military Expenses / Wages

Military Expenses = ((Def specs + Off specs + Elites)*0.5) * Wage Rate * Arms Bonus * Race Bonus * Inspire Army * Greed * Stance

Modifier Type	Active	Otherwise
Race Mod: Elf	0.5	1 (unless DE)
Race Mod: Dark Elf	1.25	1 (unless Elf)
Inspire Army	0.85	1
Greed	1.25	1
Aggressive Stance	1.15	1

Note

Wages are not paid to basic soldiers.

Greed affects Merchants as a wage penalty, not an income penalty

Population

Total Population

Raw Living Space = (Built Land * 25) + (Barren Land * 15) + (Homes * Homes Mod) 
Mod Living Space = Raw Living Space * Population Science * Honor Population Bonus * Race Bonus

Modifier Type	Active	Otherwise
Race: Gnome	1.15	1
Honor Population Bonus	Check Table

Current Population

Current Population = Peasants + Soldiers + Off Specs + Def Specs + Elites + Troops in Training
                              + Thieves + Thieves in Training + Wizards

Note

Prisoners do not add to the population

Peasants

Hourly Change

Peasants Hourly Change = Current Peasants * Birth Rate - Drafted Soldiers - Wizards Trained

• There must be enough living space for peasants to increase
• When a province is overpopulated, the number of peasants will decrease by 7% per hour change.

Employment

Available Jobs

Available Jobs = (Completed Buildings - Homes) * 25

Unfilled Jobs

Unfilled Jobs = MAX(Available Jobs - Peasants - ROUNDDOWN(Prisoners / 2),0)

Employed Peasants

Employed Peasants = MIN(Peasants,(Available Jobs - ROUNDDOWN(Prisoners / 2)))

Unemployed Peasants

Unemployed Peasants = Peasants - Employed Peasants

Employment Rate

Employment Rate = (Employed Peasants / Peasants) * 100