Introduction to Mathematics for

Economics

Chapter I: The real line. Functions of one variable.

Session 3

Pablo Rivière Marichalar

 Introduction to Mathematics for Economics

2
Exercise 6: A = {(x, y) ∈ ℝ | x + 1 = 1}

y=1−x

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2
Exercise 6: A = {(x, y) ∈ ℝ | x + 1 = 1}

y=1−x

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2
Exercise 6: A = {(x, y) ∈ ℝ | x + 1 = 1}

y=1−x

maximal(A) = {(x, y) : x + y = 1}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2
Exercise 6: B = {(x, y) ∈ ℝ | | x | ≤ 1, | y | ≤ 1}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2
Exercise 6: B = {(x, y) ∈ ℝ | | x | ≤ 1, | y | ≤ 1}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2
Exercise 6: B = {(x, y) ∈ ℝ | | x | ≤ 1, | y | ≤ 1}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2
Exercise 6: B = {(x, y) ∈ ℝ | | x | ≤ 1, | y | ≤ 1}

maximal(B) = max(B) = {(1,1)}

minimal(B) = min(B) = {(−1, − 1)}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: C = {(x, y) ∈ ℝ | 0 ≤ y ≤ 4 − x }

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: C = {(x, y) ∈ ℝ | 0 ≤ y ≤ 4 − x }

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: C = {(x, y) ∈ ℝ | 0 ≤ y ≤ 4 − x }

2
maximal(C) = {(x, y) : y = 4 − x ,0 ≤ x ≤ 2}
minimal(C) = min(C) = {(−2,0)}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: D = {(x, y) ∈ ℝ | x − 9 ≤ y ≤ 0}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: D = {(x, y) ∈ ℝ | x − 9 ≤ y ≤ 0}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: D = {(x, y) ∈ ℝ | x − 9 ≤ y ≤ 0}

maximal(D) = max(D) = {(3,0)}

2
minimal(D) = {(x, y) : y = x − 9, − 3 ≤ x ≤ 0}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: E = {(x, y) ∈ ℝ | | x | ≤ y ≤ 6 − x }

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: E = {(x, y) ∈ ℝ | | x | ≤ y ≤ 6 − x }

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: E = {(x, y) ∈ ℝ | | x | ≤ y ≤ 6 − x }

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: E = {(x, y) ∈ ℝ | | x | ≤ y ≤ 6 − x }

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
2 2
Exercise 6: E = {(x, y) ∈ ℝ | | x | ≤ y ≤ 6 − x }

2
maximal(E) = {(x, y) ∈ ℝ : y = 6 − x ,0 ≤ x ≤ 2}

minimal(E) = {(x, y) : y = − x, − 2 ≤ x ≤ 0}

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
x
Exercise 5: A = {x : e ≤ α}
α = 0, α = − 1

≤α A = ∅

A has neither maximum nor minimum

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
x
Exercise 5: A = {x : e ≤ α}
α=1

•A = (−∞,0]

≤α •A has no minimum

•max(A) = 0

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
x
Exercise 5: A = {x : e ≥ α}
α = 0, α = − 1

•A = ℝ

≥α •A has no minimum

•A has no maximum

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
x
Exercise 5: A = {x : e ≥ α}
α=1

•A = ℝ

≥α •A has no maximum

•min(A) =0

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
Exercise 5: A = {x : lnx ≤ α}
α=−1

≤α •A −1
= (0,e ]

•A has no minimum

−1
•max(A) =e

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
Exercise 5: A = {x : lnx ≤ α}
α=0

≤α •A = (0,1]

•A has no minimum

•max(A) =1

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
Exercise 5: A = {x : lnx ≤ α}
α=1

≤α •A = (0,e]

•A has no minimum

•max(A) =e

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
Exercise 5: A = {x : lnx ≥ α}
α=−1

≥α •A −1
= [e , ∞)

•A has no maximum

−1
•min(A) =e

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
Exercise 5: A = {x : lnx ≥ α}
α=0

≥α •A = [1,∞)

•A has no maximum

•min(A) =1

Pablo Rivière Marichalar. Chapter 1. Class 3.

 Introduction to Mathematics for Economics
Exercise 5: A = {x : lnx ≥ α}
α=1

≥α •A = [e, ∞)

•A has no maximum

•min(A) =e

Pablo Rivière Marichalar. Chapter 1. Class 3.