https://ideawaza.com/api.php?action=feedcontributions&feedformat=atom&user=201.29.207.178 2026-09-29T11:51:24Z User contributions MediaWiki 1.46.0 https://ideawaza.com/index.php?title=Mathematical_economics&diff=27137 2008-05-17T00:45:23Z

<p>201.29.207.178: </p> <hr /> <div>{{welcome and expand}}<br /> <br /> Mathematics and Economics are totally linked. For instance, one can use [[differentiation]] and [[integration]] to find the Elasticities of Demand and Supply.<br /> <br /> Following are a few examples:<br /> <br /> If the total cost of the firm is given by TC(x) = x&lt;sup&gt;3&lt;/sup&gt; + 5x + 6 and the target is find the Marginal Cost.<br /> <br /> Then take the derivative of TC with respect to x i.e. d(TC)/dx = 3x&lt;sup&gt;2&lt;/sup&gt; + 5. This is the cost of producing one additional unit of output (from x to x+1).<br /> <br /> ==See also==<br /> * [[School:Economics]]<br /> <br /> [[Category:Economics]]<br /> [[Category:Mathematics]]<br /> <br /> == External links ==<br /> * [http://www.elsevier.com/cgi-bin/cas/tree/store/mateco/cas_free/browse/browse.cgi?key=mkwa Keyword list from Journal of Mathematical Economics]<br /> * [http://www.ma.hw.ac.uk/~des/HWM00-26.pdf Wealth Condensation in Pareto Macro-Economies]</div>

201.29.207.178