Lecture 35: Calculus and Economics

Math 1A: introduction to functions and calculus

Oliver Knill, 2014

Lecture 35: Calculus and Economics

In this lecture we look at applications of calculus to economics. This is an opportunity to review extrema problems and synchronize some jargon between the different disciplines. Here is a random dictionary:

calculus problem extrema problem the derivative of C R other things kept constant C (x)/x xy f changes sign mean f >0 f ................
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