MME 1| Single Variable Differentiation| Ch 4 Sec 4.1 & 4.2 | Sydsaeter and Hammond| Eco(H) Sem 1

Welcome to Lecture 15 of the online lecture series on Mathematical Methods in Economics I typically offered as a core paper to Eco(Hons.) Students in their first and second semester.

The textbook used in this video can be found here: https://drive.google.com/file/d/1eXtk...

We are referring to section 4.1 and 4.2 on Slopes of Curves and Slope of the Tangent and Derivative from the book by Knut Sydsaeter and Peter J. Hammond Mathematics for Economic Analysis

In this lecture, we discuss the following topics:
1. Meaning of Differentiation and its use in Economics
2. Relation between slope of a curve and derivatives.
3. Concept of Tangent.
4. How to Calculate the slope of the tangent?
5. Calculating the Equation of the tangent.
6. Numerical Example of calculating derivatives using the Limit Approach
7. Representational Notations of Derivatives

For more videos on this lecture series:
1. Use of Logic in Maths:    • MME 1|LOGIC IN MATHS |NECESSARY & SUFFICIE...  
2. Methods to Prove any Mathematical Theorem:    • MME 1| Methods to Prove any MATHEMATICAL T...  
3. Functions of one variable:    • MME 1| Functions of one variable |Domain &...  
4. Graphs of Functions of 1 Variable:    • Graphs | Introduction to Co-ordinate Plane...  
5. Linear Functions:    • MME1 B.A.(H) Economics| Linear Functions| ...  
6. Quadratic Functions:    • MME 1|Quadratic functions| Quadratic Optim...  
7. Polynomials:    • MME 1|Polynomials| Remainder Theorem| Inte...  
8. Power & Exponential Functions:    • MME 1| Power Functions| Exponential Functi...  
9. Single Variable Differentiation:    • MME 1| Single Variable Differentiation| Ch...  

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