An Introduction to Mathematical Economics |
Contents
Why Mathematical Economics? | 1 |
From Graphs to Algebra | 7 |
Simple Economic Models | 25 |
Copyright | |
8 other sections not shown
Common terms and phrases
aggregate Application axes budget Chain Rule Chapter coefficient comparative static constant constraint consumption function demand curve demand function dependent derivative of Q difference quotient dQ² dY dG dy dx economic theory elasticity of demand equation equilibrium example exponential function expression extremum factor Figure find the derivative following functions function in question function Q Function Rule graph increase independent variable indifference curve intercept isoquants labour Lagrangean level of output linear function logarithmic marginal cost marginal product marginal revenue marginal utilities maximise maximum minimum multiplier national income negative numerical value objective function output Q parameters partial derivatives particular positive price elasticity production function profit-maximising propensity to consume Q with respect quantity demanded ratio relative extrema rules of exponents second derivative second order condition slope substitution supply curve supply function Suppose total derivative total differential zero ага ак әм ду дх