Mathematics in 2nd Year Microeconomics
Open Education Resource
2013
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ECO4112F
Abstract
This series of lecture notes explains and illustrates mathematical concepts used in 2nd year Microeconomics at the University of Cape Town. These concepts include matrices, Markov chains, non-Singularity, Jacobian determination, differentials and elasticity, the implicit function theorem, Maclaurin and Taylor series, and Lagrange multiplication.
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Reference:
Eyal, K. 2013. Mathematics in 2nd Year Microeconomics [OER]. http://hdl.handle.net/11427/997