For enumerative problems, i.e. computable functions f from N to Z, we define the notion of an effective (or closed) formula. It is an algorithm computing f(n) in the number of steps that is polynomial in the combined size of the input n and the output f(n), both written in binary notation. We discuss many examples of enumerative problems for which such closed formulas are, or are not, known. These problems include (i) linear recurrence sequences and holonomic sequences, (ii) integer partitions, (iii) pattern-avoiding permutations, (iv) triangle-free graphs and (v) regular graphs. In part I we discuss problems (i) and (ii) and defer (iii)--(v) to part II. Besides other results, we prove here that every linear recurrence sequence of integers has an effective formula in our sense.