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Why Mathematical Economics?
From Graphs to Algebra
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algebra Application Archibald and Lipsey axes budget Chain Rule Chapter comparative static constant constraint consumption function demand curve demand function dependent derivative of Q diagram difference quotient economic theory elasticity of demand equation example exponential function expression extremum Figure find the derivative following functions function in question function Q Function Rule graph increasing independent variable indifference curve intercept isoquants labour Lagrangean level of output linear function logarithmic marginal cost marginal product marginal propensity marginal rate marginal revenue marginal utilities Mathematical Economics maximise maximum minimum multiplier national income negative numerical value objective function orthant output Q parameters partial derivatives particular positive price elasticity production function profit function propensity to consume Q with respect quantity demanded ratio rearrangement relation relative extrema rules of exponents second derivative second order condition second order partial supply curve supply function Suppose total differential value of Q