The elastic constants of a crystal under stress, defined as the second derivative of the crystal free energy with respect to strain, require a correction related to the static pressure at non-zero pressures. The corrections required for the elastic constants calculated by the free energy minimisation code PARAPOCS are described and tested by comparison with the elastic constants calculated numerically by applying small stresses in the appropriate orientations to simulated crystals of fluorite, forsterite, c~-quartz and albite. The corrected elastic constants are then used to investigate the extrapolation of the bulk and shear moduli (and hence also the seismic wave velocities Vp and Is) of/~-spinel and forsterite to upper mantle pressures. A Murnaghan equation, thirdorder Eulerian finite strain equation, second order polynomial equation and a logistic equation were all fitted to the simulated bulk and shear moduli between 0 and 3 GPa pressure. The parameters derived for these equations are used to extrapolate the bulk and shear moduli to 14 GPa and the results are compared to the simulated high pressure moduli. Over this pressure range, the second order polynomial provides the best extrapolation of the bulk modulus, but the use of the logistic equation results in the best extrapolation of the shear modulus.