A Business Economics View on EL - Revision history

217.142.18.85: /* Time is money */

2025-06-24T05:59:55Z

Time is money

← Older revision		Revision as of 07:59, 24 June 2025
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	== Time is money ==		== Time is money ==
	Yes, it is. In EL you can convert time to money indirectly by harvesting stuff and selling it. One of the most efficient ways to do so is to harvest blue lupines in Portland and selling them at the flower shop. Depending on your harvesting level and maximum load you can make 3600 gc or even more in one hour.		Yes, it is. In EL you can convert time to money indirectly by harvesting stuff and selling it. One of the most efficient ways to do so is to harvest blue lupines in Portland ['''n.b. The blue lupine bush is no more. It is now blueberries. This source of income is dead.'''] and selling them at the flower shop. Depending on your harvesting level and maximum load you can make 3600 gc or even more in one hour.

	'''That's why an EL second is worth at least 1 gc'''		'''That's why an EL second is worth at least 1 gc'''

VinoVeritas: 33 revisions imported

2021-08-08T07:52:30Z

33 revisions imported

← Older revision	Revision as of 09:52, 8 August 2021
(No difference)

en>Frodewin: /* Summary */

2011-12-09T21:43:19Z

Summary

← Older revision		Revision as of 23:43, 9 December 2011
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	! Skill !! Task !! XP/gc		! Skill !! Task !! XP/gc
	\|-		\|-
	\| ~~Attack~~		\| Potioning
	\| ~~Polar bears~~		\| SRs
	\| 23		\| 76
	\|-		\|-
	\| Defense		\| Defense
	\| Polar bears		\| Polar bears
	\| 46		\| 46
			\|-
			\| Attack
			\| Polar bears
			\| 23
	\|-		\|-
	\| Harvesting		\| Harvesting
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	\| Life Drain		\| Life Drain
	\| 3,4		\| 3,4
	\|-
	~~\| Potioning~~
	~~\| SRs~~
	~~\| 76~~
	\|-		\|-
	\| Manufacturing		\| Manufacturing

en>Frodewin at 21:42, 9 December 2011

2011-12-09T21:42:38Z

@@ Line 83: / Line 83: @@
 === Potioning XP ===
 === Summoning XP ===
@@ Line 227: / Line 243: @@
 | Life Drain
 | 3,4
 |-
 | Manufacturing

en>Frodewin: /* Summary */

2011-07-24T19:37:02Z

Summary

← Older revision		Revision as of 21:37, 24 July 2011
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	\|-		\|-
	\| Crafting		\| Crafting
	\| ~~Big Book of Crafting~~		\| Polished Sapphires
	\| 4		\| 17
	\|-		\|-
	\| Engineering		\| Engineering

en>Frodewin: /* Crafting XP */

2011-07-24T19:36:41Z

Crafting XP

@@ Line 129: / Line 129: @@
 === Crafting XP ===
-Let's go the easy way here and check the [[Big Book of Crafting]]: at the NPC, it is 15kgc, you get 60 kXP for it. Thus, you get 4 XP/gc this way.
+Polishing Sapphires:
 === Engineering XP ===

en>Frodewin at 19:27, 24 July 2011

2011-07-24T19:27:09Z

← Older revision		Revision as of 21:27, 24 July 2011
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	=== Crafting XP ===		=== Crafting XP ===

			Let's go the easy way here and check the [[Big Book of Crafting]]: at the NPC, it is 15kgc, you get 60 kXP for it. Thus, you get 4 XP/gc this way.

	=== Engineering XP ===		=== Engineering XP ===
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	\| Mullein		\| Mullein
	\| 25		\| 25
			\|-
			\| Crafting
			\| Big Book of Crafting
			\| 4
	\|-		\|-
	\| Engineering		\| Engineering

en>Vygder: linked to Cooldown; spacing cleanup

2010-12-09T02:19:43Z

linked to Cooldown; spacing cleanup

← Older revision		Revision as of 04:19, 9 December 2010
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	== Time is money ==		== Time is money ==

	Yes, it is. In EL you can convert time to money indirectly by harvesting stuff and selling it. One of the most efficient ways to do so is to harvest blue lupines in Portland and selling them at the flower shop. Depending on your harvesting level and maximum load you can make 3600 gc or even more in one hour.		Yes, it is. In EL you can convert time to money indirectly by harvesting stuff and selling it. One of the most efficient ways to do so is to harvest blue lupines in Portland and selling them at the flower shop. Depending on your harvesting level and maximum load you can make 3600 gc or even more in one hour.

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	== Experience vs. Money ==		== Experience vs. Money ==

	Many items in EL sell less than the sum of their ingredients. This is because people make them for the XP. So can we express XP in time or money? Yes we can!		Many items in EL sell less than the sum of their ingredients. This is because people make them for the XP. So can we express XP in time or money? Yes we can!

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	=== Fighting XP ===		=== Fighting XP ===

	This heavily depends on how much XP you can make in one hour and how valuable are the drops vs. your losses on degrades.		This heavily depends on how much XP you can make in one hour and how valuable are the drops vs. your losses on degrades.

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	=== Harvesting XP ===		=== Harvesting XP ===

	Assuming Excavator Cloak and harvesting level of 75:		Assuming Excavator Cloak and harvesting level of 75:

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	=== Magic XP ===		=== Magic XP ===

	Using the good old shield spell:		Using the good old shield spell:
	Mana cost 8,25 gc (assuming that the ~~cooltime~~ duration is used for something else)		Mana cost 8,25 gc (assuming that the [[cooldown]] duration is used for something else)
	Ingredients 7 gc		Ingredients 7 gc
	Time cost 0,25 sec		Time cost 0,25 sec
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	XP/gc 2,6		XP/gc 2,6
	or, as a better alternative, Life Drain (the time investment ist greater here because you must aim at your victim each time)		or, as a better alternative, Life Drain (the time investment ist greater here because you must aim at your victim each time)
	Mana cost 15 gc (assuming that the ~~cooltime~~ duration is used for something else)		Mana cost 15 gc (assuming that the cooldown duration is used for something else)
	Ingredients 15 gc		Ingredients 15 gc
	Time cost 5 sec		Time cost 5 sec
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	Base XP 120 XP		Base XP 120 XP
	XP/gc 3,4		XP/gc 3,4
	For both calculations I did not account for the time lost due to SR ~~cool time~~ since I assumed this time is productively used for something (eg. harving or fighting)		For both calculations I did not account for the time lost due to SR cooldown since I assumed this time is productively used for something (eg. harving or fighting)

	=== Potioning XP ===		=== Potioning XP ===
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	=== Manufacturing XP ===		=== Manufacturing XP ===

	Also, the ability to make XP in a particular skill depends what level you are. If you just started with manufacturing, you have to make your XP with fur scarfs, later you can do leather helmets.		Also, the ability to make XP in a particular skill depends what level you are. If you just started with manufacturing, you have to make your XP with fur scarfs, later you can do leather helmets.

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	=== Crafting XP ===		=== Crafting XP ===


	=== Engineering XP ===		=== Engineering XP ===

	Let's first try ashes:		Let's first try ashes:

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	=== Tailoring XP ===		=== Tailoring XP ===

	Tailoring is most likely the most expensive skill. Following the [[Beginners Guide to Tailoring\|Guide to Tailoring]], you will spend roughly 90 kgc until you reach Level 23 (69 kXP). Thus, we have 0,77 XP/gc. Since the costs account only for ingredients, but not for the time you spend to mix them, the actual number is even lower.		Tailoring is most likely the most expensive skill. Following the [[Beginners Guide to Tailoring\|Guide to Tailoring]], you will spend roughly 90 kgc until you reach Level 23 (69 kXP). Thus, we have 0,77 XP/gc. Since the costs account only for ingredients, but not for the time you spend to mix them, the actual number is even lower.

	=== Ranging XP ===		=== Ranging XP ===

	The following calculation assumes, that ranging is trained in the ranging area at Grubani Peninsula and a crossbow is used, ranging level around 20.		The following calculation assumes, that ranging is trained in the ranging area at Grubani Peninsula and a crossbow is used, ranging level around 20.

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	== Summary ==		== Summary ==

	Comprehensive XP calculation roster:		Comprehensive XP calculation roster:
	{\|		{\| class="wikitable"
	\|-		\|-
	! Skill !! Task !! XP/gc		! Skill !! Task !! XP/gc

en>ELWikiBot2: spacing; cosmetic changes

2010-12-05T02:26:18Z

spacing; cosmetic changes

← Older revision		Revision as of 04:26, 5 December 2010
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	This guide will explain the basics for analyzing the cost-effectiveness of producing and harvesting stuff in EL.		This guide will explain the basics for analyzing the cost-effectiveness of producing and harvesting stuff in EL.

	==Time is money==		== Time is money ==

	Yes, it is. In EL you can convert time to money indirectly by harvesting stuff and selling it. One of the most efficient ways to do so is to harvest blue lupines in Portland and selling them at the flower shop. Depending on your harvesting level and maximum load you can make 3600 gc or even more in one hour.		Yes, it is. In EL you can convert time to money indirectly by harvesting stuff and selling it. One of the most efficient ways to do so is to harvest blue lupines in Portland and selling them at the flower shop. Depending on your harvesting level and maximum load you can make 3600 gc or even more in one hour.
Line 21:		Line 21:
	But wait, what about the XP we get?		But wait, what about the XP we get?

	==Experience vs. Money==		== Experience vs. Money ==

	Many items in EL sell less than the sum of their ingredients. This is because people make them for the XP. So can we express XP in time or money? Yes we can!		Many items in EL sell less than the sum of their ingredients. This is because people make them for the XP. So can we express XP in time or money? Yes we can!

en>Frodewin: /* Fighting XP */

2010-08-18T21:47:00Z

Fighting XP

← Older revision		Revision as of 23:47, 18 August 2010
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	This heavily depends on how much XP you can make in one hour and how valuable are the drops vs. your losses on degrades.		This heavily depends on how much XP you can make in one hour and how valuable are the drops vs. your losses on degrades.

	For a crude calculation, I assume I make 60 kXP in defense and 30 kXP in attack in one hour on polar bears and that the drops are 1k more worth ~~then~~ degrades/breaks.		For a crude calculation, I assume I make 60 kXP in defense and 30 kXP in attack in one hour on polar bears and that the drops are 1k more worth than degrades/breaks.

	Then we have:		Then we have: