Optimization in Microeconomics
This option is available for professors interested in adopting this textbook for use in a course. Students can purchase textbooks here: store.cognella.com.
This option is available for professors interested in adopting this textbook for use in a course. Your request may be delayed while we validate your status.
The optimization topics include functions of one variable, two variables, several variables, constrained optimization, and finally duality. In each case, the reader is asked to find optima, solve comparative statics problems, and to apply the Envelope Theorem. These last two topics are treated as central and are included from the beginning whereas other books view them as advanced topics.
Optimization in Microeconomics is intended for a one-semester course in mathematical economics for undergraduates. Readers should already have seen some microeconomics and partial derivatives of functions of several variables.