Mathematical tools for intermediate economics classes
Iftekher Hossain

Table of Contents

Derivatives and their uses

The derivative of a chicken
  1. The slope of non-linear functions

  2. The derivative

  3. Rules of differentiation

  4. Differentiability and continuity

  5. Higher-order derivatives

  6. Uses of the derivative

  7. Uses of the derivative in economics

  8. Uses of the derivative in explaining producer behaviour

  9. Suggested Readings

Notes
These resources do not aim to provide a complete list of examples of the math skills required to do well in the intermediate economics classes. All sections in this chapter may not be relevant for a specific course. These resources cover some basic mathematical tools used in economics with some examples and practice questions. There is a list of books at the end. These books discuss these topics in more details.

We welcome comments and suggestions. Please email Iftekher Hossain (mhossa87@uwo.ca) to let us know of errors and suggestions. The document is copyrighted. Please do not reproduce or publish any part of the document without prior written permission from the Department of Economics, University of Western Ontario.

Acknowledgments
We are grateful to Professor Audra Bowlus for her initiatives developing these resources, guidance, and suggestions. We want to thank Greg Pavlov for his valuable time and detailed notes on various topics.

Many thanks to Alexandra Houston for her very significant contribution to preparing the website. We are grateful to Stephen Amey and Abul Hasem for the technical support. Sincere thanks to Social Science Technology Services for developing the programs and web materials for the site.


Creative Commons License
UWO Economics Math Resources by Mohammed Iftekher Hossain is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.