# Textbook Notes for John Burbidge

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## ECON 211 Chapter 3,4: Chapter #3,4 Notes

15

The text de nes a sequence as a function whose domain is the natural numbers {1, 2, 3, . (page 62). So if the range is n we could write the sequence as

View Document## ECON 211 Chapter 11: Taylor Series

12

The taylor series for f (x) about point a is f (x) = f (a) + (x a) f (a) (x a)2 f (a) 1! (x a)n f (n) (z) n! Notice that f (n) in rn is evaluated at z,

View Document## ECON 211 Chapter 10: Profit Functions

8

Consider a price-taking, pro t-maximizing rm that produces output q using two inputs. Denote the production function by f (z1, z2). Answer (a) followin

View Document## ECON211 Chapter Notes - Chapter 9: Production Function, Envelope Theorem, Horse Length

18

An example of a pro t-maximizing rm and an example of a cost-minimizing rm: consider a price-taking, pro t-maximizing rm in a one-output, two-input wor

View Document## ECON 211 Chapter 5: Cramer's Rule

9

Consider the system of linear equations ax = b where a is n by n, and x and b are n by. If the determinant of a is not zero we have seen that the solut

View Document## ECON211 Chapter Notes - Chapter 8: Hicksian Demand Function, Expenditure Function, Lagrange Multiplier

4

An example of an expenditure-minimizing consumer and a utility-maximizing consumer: consider a price-taking, expenditure-minimizing consumer in a two-g

View Document## ECON 211 Chapter 12: Quadratic Forms

6

Quadratic forms and their properties are used to state the second-order conditions for functions of two or more variables. If a is an n by n matrix and

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