This document discusses the formulas for calculating the area and perimeter of various shapes. It defines area as the space within a shape and perimeter as the distance around the shape. Formulas are provided for calculating the area and perimeter of squares, rectangles, parallelograms, triangles, and circles. An example calculation is shown for each shape. The key concepts are that area is measured in square units and perimeter is measured in the same units as the shape's sides.