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Algebra Lecture Slides
Algebra Lecture Slides
ECON106
1
Why study Mathematics?
• Understanding mathematics enhances the
understanding of economics especially when
dealing with arguments that have been
formalised and developed into theories.
Complex ideas and interrelationships can be
expressed in precise ways. If we want to know
how variables interact then we have to use
mathematical models.
2
Example
3
Algebra
• By the end of this section, students should be
able to;
– Understand the number system
– Work out problems involving integer and fractional
powers
– Expand and simplify algebraic expressions including
fractional expressions.
– Apply exponential functions to the time value of
money
– Factorise expressions
– Rationalise denominators of expressions with root
signs in the denominator.
4
Algebra
5
The Rational Numbers
• The rational numbers are those numbers which can be expressed as a ratio
between two integers. For example, the fractions 1/3 and –1111/8 are both
rational numbers. All the integers are included in the rational numbers,
since any integer z can be written as the ratio z/1.
• All decimals which terminate are rational numbers (since 8.27 can be
written as 827/100.) Decimals which have a repeating pattern after some
point are also rationals: for example,
• 0.083333333... = 1/12.
• The set of rational numbers is closed under all 4 basic operations, that is,
given any two rational numbers, their sum, difference, product, and
quotient is also a rational number (as long as we don't divide by 0.) Note
that 0/0 is not defined as any real number. For example, if a car requires 60
litres of fuel to go 600 kilometres, then its fuel consumption is 60/600 = 10
litres per 100 kilometres. However, if told that a car uses 0 litres of fuel to
go 0 kilometres, we know nothing about its fuel consumption: and
therefore 0/0 is completely undefined.
6
The Irrational Numbers
7
• An Irrational number cannot be written as a
b
It is a non periodic decimal,
• e.g. = 3.141592, 2 = 1.313213 , 3 = 1.442249
• Rational and irrational numbers = real
numbers
8
Exercise
True/False
1. 4212 is a natural number.
2. -1/4 is rational.
3. All rational number are real.
4. -7 is greater than -6.
5. All natural numbers are rational.
6. -2 is a natural number.
7. 3.1415 is not rational,
8. the sum of two irrational numbers is irrational.
9. Explain why the infinite decimal expansion
1.01001000100001000001....... is not a rational number.
9
Integer powers
• The expression an reads as “a to the power
n” in which case a is any number (base) and
n is a natural number (exponent)
• Such that an =a.a.----a for “n” factors.
10
Properties of exponents
• an am = an + m
an
• am
= a n−m
• (an )m = an m
• (a b)n = an bn
• a0 = 1
• 0a is undefined
11
Example 1
• Given y2z−3 = 3. Find y−6z9 and
• 3y4z−6 + 2(y−6z9 )−1
• Solution: y−6z9 = (y2z−3)−3 = 3−3 = 1/27,
(y−6z9 )−1 = 27.
• y4z−6 = (y2z−3)2 = 32 = 9
• 3y4z−6 + 2(y−6z9 )−1 = 3(9) + 2(27) =81
12
Exercise
1. Compute x 3 y 3 if xy = 3
2. Compute (ab) 4 if ab = −2
3. Compute (a ) 8 0
if a2 = 4
13
Exercise
1. Compute x 3 y 3 if xy = 3
xy = 3 x 3 y 3 = ( xy) 3 = (3) 3 = 27
2. Compute (ab) 4 if ab = −2
ab = −2 (ab) 4 = (−2) 4 = 16
3. Compute (a ) 8 0
if a2 = 4
a 2 = 4 (a 8 ) 0 = 1 for all a 0
14
Exercise: Properties of Exponents
• Which of the following equalities are true and
which are false? Justify your answers. (Note: a
and b are positive, m and n are integers).
1. a0 = 0
2. a m .a m = a 2 m
3. a m .b m = (ab) 2 m
4. a n .b m = (ab) n+ m
15
Exercise: Properties of Exponents
• Which of the following equalities are true and
which are false? Justify your answers. (Note: a
and b are positive, m and n are integers).
1. a 0 = 0 False , a 0 = 1
m+ m
2. a .a = a
m m 2m
True, a m
.a m
= a = a 2m
3. a m m
.b = ( ab ) 2m
, False, unless, m = 0 or ab = 1
otherwise, a m b m = (ab) m
4. a n .b m = (ab) n+m False, unless, a b = 1 for example,
m n
1. 10 3
2
2. (−0.3)
−2
3. 4
4. (0.1) −1
17
Solutions: Integer powers
• Compute
1.
10 = 10.10.10 = 1000
3
−2 1 1
3. 4 = 2 =
4 16
1
4. (0.1) −1 = = 10
0. 1
18
Application: Time Value of Money
• On compound interest
• Deposit $1000 at 20% per year.
• At the end of the year obtain
• $1000 +(20/100) 1000 = 1000 (1 +0 .2)
• At the end of the second year obtain
• 1000 (1 +0 .2)+(20/100) 1000(1 + 0.2) = 1000(1 + 0.2)(1 + 0.2) =
1000(1 + 0.2)2
• After 3 years obtain 1000(1 + .2) 3.
• After t years obtain 1000(1 + .2)t.
• When the initial amount is K, after t years we obtain K(1 + .2)t.
• When interest rate is p% per annum we obtain K(1 +p/100 )t.
• (1 +p/100 ) is the growth factor.
19
Example
• $12000 is deposited in an account earning 4%
interest per year. What is the amount after 15
years?
$12000.(1.04) $21611.32
15
20
Negative exponents
• Generally A = P(1 +
p −t
100
)
21
Example
• b) If the interest rate is 6% each year, how
much money should you have deposited in a
bank account 5 years ago to have $50000
today?
$50000.(1.06) −5 $37362.91
22
Exercise
• Write as powers of 2:
1. 4
2. 1
3. 64
1
4. 16
23
Exercise Solutions
• Write as powers of 2:
1. 4 = 2 2
2. 1 = 2 0
3. 64 = 2 6
4. 1 = 1 = 2 −4
16 24
24
Exercise
• Write as powers;
1. 15.15.15
1 1 1
2. − 3 − 3 − 3
1
3.
10
4. 0.0000001
5. (a − b)( a − b)( a − b)
25
Exercise Solutions
• Write as powers;
1. 15.15.15 = 153
3
1 1 1 1
2. − 3 − 3 − 3 = − 3
1
3. = 10 −1
10
4. 0.0000001 = 10 −7
5. (a − b)(a − b)(a − b) = (a − b) 3
26
Exercise
• Expand and Simplify
1. 2 5 .2 5
2. (−3xy2 ) 3
p 24 p 3
3. p4 p
( x + 1) 3 ( x + 1) −2
4. ( x + 1) 2 ( x + 1) −3
27
Exercise Solution
• Expand and Simplify
1. 2 5.2 5 = 2 5+5 = 210
p 24 p 3 24+ 3− 4 −1
3. = p = p 22
p4 p
( x + 1) 3 ( x + 1) −2 ( x + 1) 3−2 ( x + 1)
4. = =
( x + 1) 2 ( x + 1) −3 ( x + 1) 2−3 ( x + 1) −1
= ( x + 1) 2
28
Powers with fractional exponents
29
• For non-negative a and b
• a.b = a b e.g. (−2)(−2) = 4 = 2 But −2 −2 is
undefined.
• a
=
a
b b
30
Exercise
Compute;
1
1. 9 + 16 2. 1
36 2
3. 0.01 1
4. 25
True/False
5. 25.16 = 25. 16
1 1 1
6. 25 + 16 = 25 + 16
7. (a + b) = a + a
2 2 2
8. (a + b) = ( a + b )
1
2 −1
Solve for x x −1
9. x . 4 = 4 10. 2 x
− 2 =4
31
Exercise Solutions
Compute;
9 + 16 = 25 = 5
1 1
1. 2. 1
=
36 2 6
3. 0.01 = 0.1 4. 1
=
1
25 5
True/False
5. 25.16 = 25. 16 True 6. 25 + 16 = 25 + 16 False
7. (a + b) = a + a False
1
2
1
2
1
2 8. (a + b) = ( a + b )
1
2 True−1
Solve for x
9. x . 4 = 4 10. 2 − 2 x −1 = 4 2 x − 2 x −1 = 2 2 2 x (1 − 2 −1 ) = 2 2
x
4x = 42 x = 4 2 x ( 1 ) = 22
2
2 x = 21.2 2 2 x = 2 3 x = 3
32
Rationalising denominators
• Example 3:
54 − 24 54 − 24 6 6 ( 54 − 24 ) 6 (3 6 − 2 6 )
= . = =
6 6 6 6 6
3 36 − 2 36 36 (3 − 2) 6(1)
= = = =1
6 6 6
34
Further examples
• Example 4:
1 1 7− 5 7− 5 7− 5
= . = =
7+ 5 7+ 5 7− 5 7−5 2
• Example 5:
x y−y x x y − y x x y − y x x 2 y − xy x y − xy x y + y 2 x
= . = 2
x y + y x x y + y x x y − y x x y − xy x y + xy x y − y 2 x
x 2 y − 2 xy x y + y 2 x xy( x − 2 x y + y ) x − 2 x y + y ( x − y ) 2
= = = =
x2 y − y2 x xy( x − y ) x− y x− y
35
n-th root
• If a is positive and n is a natural number then
a1/n is the unique positive number that when
raised to the n-th power gives a.
• i.e. (a1/n)n = a.
• ap/q is defined for p an integer, q a natural
number and a > 0.
p ( 1 )p
=a = ( a) p
q q q
a
• e.g. 27
2
3
= (3 27 ) 2 = 9
36
• If q is an odd number and p is an integer ap/q
can be defined even when a < 0.
• e.g. (−27) = − 27 = −3 because (−3)3 = −27.
1
3 3
37
Rules of Algebra
• a +b = b+a
• (a + b) + c = a + (b + c)
• a +0 = a
• a + (−a) = 0
• a b = ba
• (a b) c = a (b c)
• 1 a = a
• a a −1 = 1 for a 0
• −a b = a (−b) = − a b
• −a(−b) = a b
• a ( b + c) = a b + a c
• (a + b) c = ac + b c
38
Expand and simplify the following
algebraic expressions;
1 − 3 + (−4) − (−8) = −3 − 4 + 8 = 1
1
(−3)( −12)( − ) = −3(6) = −18
2
2 5a 2 − 3b − (−a 2 − b) − 3(a 2 + b) 5a 2 − 3b + a 2 + b − 3a 2 − 3b = 3a 2 − 5b
3 r 3 − 3r 2 s + s 3 − (− s 3 − r 3 + 3r 2 s)
r 3 − 3r 2 s + s 3 + s 3 + r 3 − 3r 2 s = 2r 3 − 6r 2 s + 2s 3
( x + y + z) 2 − ( x − y − z) 2
4 ( x + y + z )( x + y + z ) − ( x − y − z )( x − y − z )
= x 2 + xy + xz + xy + y 2 + yz + xz + yz + z 2 − ( x 2 − xy − xz − xy + y 2 + yz − xz + yz + z 2 )
= x 2 + y 2 + z 2 + 2 xy + 2 xz + 2 yz − x 2 + 2 xy + 2 xz − 2 yz − y 2 − z 2
= 4 xy + 4 xz
39
Important identities
Expand each of the following;
1 ( x + 2 y) 2 ( x + 2 y) = ( x + 2 y)( x + 2 y) = x + 2xy + 2xy + 4 y
2 2 2
= x 2 + 4 xy + 4 y 2
2
2 1 1
2
1 1 1
2
− x x x 1 1
− x = − x − x = − − + x 2 = 2 − 1 − 1 + x 2 = 2 − 2 + x 2
x x x x x x x x x
40
Verify the following cubic identities, which are
occasionally useful:
1 (a + b) 3 = a 3 + 3a 2 b + 3ab 2 + b 3
2 (a − b) 3 = a 3 − 3a 2 b + 3ab 2 − b 3
(a − b)( a − b)(a − b) = a − 2ab + b )(a − b) = a − 3a b + 3ab − b
2 2 3 2 2 3
a 3 − a 2 b + ab 2 + a 2 b − ab 2 + b 3 = a 3 + b 3
41
Factoring
• (a + b)2 = (a+b)(a+b)=a(a+b)+b(a+b)
= a2 + 2ab + b2
• (a − b)2 = (a-b)(a-b) =a(a-b)-b(a-b)
=a2 − 2ab + b2
• (a + b) (a − b) = a(a-b)+b(a-b)=a2 − b2
42
Examples
Factor the following (express as a product of simple
factors)
1. 25a2 − 4b2 = (5a + 2b) (5a − 2b) (diff of 2 squares)
2. 4x2 − y2 + 8x2 + 4xy = 4x2 − y2 + 4x(2x + y)
=(2x + y) (2x − y) + 4x(2x + y)
=(2x + y) (2x - y + 4x)
=(2x + y) (6x - y)
3. Check by multiplying the factors
• K2 L − 4K2 L 2 + 4K L 3 = K L (K2 − 4KL + 4 L 2 ) = K L (K −
2L)2
43
Factorise the given expressions;
1 7 x − 49 xy 7 x( x − 7 y)
2
2 x − 4x + 4 x − 2x − 2x + 4 = x( x − 2) − 2( x − 2) = ( x − 2)( x − 2)
2 2
= P 2 ( P + Q) + Q 2 (Q + P)
= ( P + Q)( P 2 + Q 2 )
44
Properties of fractions
• Rules
a c a − a (a) (−1) a
1. b . c = b ; (b 0; c 0) 2. = . =
− b (b) (−1) b
a a −a
3. − b = ( −1)
b
=
b
4. a + b = a + b
c c c
5. a + c = a.d + b.c 6. a + b = a.c + b
b d b.d c c
b a.b a c a.c
a. = . =
7. c c 8. b d b.d
9. a c a d a.d
= =
b d b c b.c
45
Simplify the following fractional
expressions;
3+ 4−5 2
1 3 4 5
+ − =
7 7 7 7 7
3 4 3.3 + 4.4 − 12 9 + 16 − 12 13
+ −1 = =
2 4 3 12 12 12
2 1 8 + 3 11
+
3. 3 4 12 = 12 = 11 . 4 = 11
3 3 3+6 9 12 9 27
+
4 2 4 4
46
3a − 2 2b − 1 4b + 3a
− +
4 3a 2b 6ab
2b(3a − 2) − 3a(2b − 1) + 1(4b + 3a)
6ab
6ab − 4b − 6ab + 3a + 4b + 3a
=
6ab
6a 1
= =
6ab b
2t − t 2 5t 2t
. −
t + 2 t −2 t −2
5 2t − t 2 3t 6t 2 − 3t 3
=
t + 2 t − 2 (t + 2)(t − 2)
3t 2 (2 − t ) − 3t 2 (t − 2) − 3t 2
= = =
(t + 2)(t − 2) (t + 2)(t − 2) t + 2
47
Inequalities
• Fundamental property of the set of positive numbers
• a > 0 and b > 0 imply a + b > 0 and ab > 0.
• a > b ( a is strictly greater than b)
• a b ( a is greater than or equal to b)
• If the two sides of an inequality are multiplied by a positive number the
direction of the inequality is preserved.
• If we multiply an inequality by a negative number the direction of the
inequality is reversed.
• e.g 4 2
• Multiply by positive (3)4 (3)2 i.e. 12 6 (preserve)
• Multiply by negative (−3)4 (−3)2 i.e. −12 −6 (reverse)
• If the two sides of an inequality are divided by a positive number the
direction of the inequality is preserved.
• If we divided both sides of an inequality by a negative number the
direction of the inequality is reversed.
48
Properties of inequalities
49
Example
Find the values of x satisfying
7x − 3 > x + 9.
• Solution: Add −x + 3 to both sides to obtain
• 7x− x − 3 + 3 > x− x + 9 + 3
• 6x > 12
• Divide by a positive number 6
• x > 2.
• Solution of an inequality is a solution set.
50
Exercise
• Decide which of the following inequalities are
true or false:
1. − 6.15 −7.16
2. (−5) 0
2
1 1
3. −
2
−
3
4. −3
2 3 −2
1 2 1 1
5. 2 − 3 4 − 3
51
Exercise Solutions
• Decide which of the following inequalities are
true or false:
1. − 6.15 −7.16 ;True
2. (−5) 0
2
;False
1 1
3. −
2
−
3
;True
4. −3
2 3 −2
;False
1 2 1 1
5. 2 − 3 4 − 3 ;True
52
Exercise
• Solve the inequalities;
1. − x − 3 5
2. 3x + 5 x −13
3. 3x − ( x − 1) x − (1 − x)
1
4. 3 (1 − x) 2( x − 3)
t 3t 5
− (t + 1) + (t + 1)
5. 24 8 12
53
Exercise Solutions
• Solve the inequalities;
1. − x − 3 5 −x 8 x −8
2. 3x + 5 x − 13 2x −18 x −9
3x − ( x − 1) x − (1 − x) 3x − x + 1 x − 1 + x
3. 2x + 1 x − 1 + x 2x + 1 2x − 1 Valid for all x
4. 1 (1 − x) 2( x − 3) 1 − x 6 x − 18 7 x 19 x 19
3 7
t 3t 5
− (t + 1) + (t + 1) t − 24(t + 1) + 3(3t ) 2(5)(t + 1)
5. 24 8 12
34 17
t − 24t − 24 + 9t 10t + 10 24t −34 t − t −
24 12
54
Sign diagrams
• Suppose we want to find the solution set of the
following inequality; 2 x − 3 3 − x
x −1
56
• Solve the inequality;
2x − 3
3− x
x −1
2x − 3 2 x − 3 + ( x − 3)( x − 1) 2x − 3 + x 2 − 4x + 3
+ x−3 0 0 0
x −1 x −1 x −1
x 2 − 2x x( x − 2)
0 0
x −1 x −1
• Critical values
• From numerator: x( x − 2) = 0 x = 0; x = 2
• From denominator: x − 1 = 0 x = 1
57
Sign diagram
• Sign diagram:
0 1 2
x ( x − 2)
x −1 o
-ve +ve -ve +ve
x ( x − 2) o o
f ( x) = *
x −1
• Critical values;
x + 2 x = −2
x −1 x = 1
59
Sign diagram
• Sign diagram:
-2 1
x+2
x −1 o
+ve -ve +ve
x+2 o
f ( x) = *
x −1
Solution set − 2 x 1
60
• Solve the inequality;
2x + 1
1
x−3
2x + 1 2 x + 1 − 1( x − 3) 2x + 1 − x + 3 x+4
−1 0 0 0
x−3 x−3 x−3 x−3
• Critical values;
x + 4 = 0 x = −4
x −3 = 0 x = 3
61
Sign diagram
• Sign diagram:
-4 3
x+4
x −3 o
+ve -ve +ve
x+4 o
f ( x) = *
x−3
• Critical values;
120 − 0.75n = 0 0.75n = 120 n = 160
n=0
63
Sign diagram
• Sign diagram:
0 160
120 − 0.75n
n o
120 − 0.75n -ve +ve -ve
f ( n) = ●
n *
• Critical values;
− x 2 − 1 = 0 x 2 = −1 undefined
x=0
65
Sign diagram
• Sign diagram:
0
− x2 −1
x o
− x2 −1 +ve -ve
f ( x) =
x *
x−3 x − 3 − ( x + 3)( 2 x − 1) x − 3 − (2 x 2 + 5 x − 3)
− (2 x − 1) 0 0 0
x+3 x+3 x+3
x − 3 − 2 x 2 − 5x + 3 − 2x 2 − 4x
0 0
x+3 x+3
• Critical values;
• − 2x − 4x = 0 2x + 4x = 0 2x( x + 2) = 0 x = 0 or x = −2
2 2
x + 3 = 0 x = −3
67
Sign diagram
• Sign diagram:
-3 -2 0
− 2x 2 − 4x
x+3
+ve -ve +ve -ve
− 2x − 4x
2
f ( x) = * ● ●
x+3
70
Exercise solution
a.
5
4 ( F − 32) 6
9
36 5 F − 160 54
196 5 F 214
39.2 F 42.8
Thus the temperature should be between 39.2°F
and 42.8°F
71
Exercise solution contd
9
b. 36 C + 32 40
5
180 9C + 160 200
20 9C 40
2.2 C 4.4
72
Exercise
Solve the double inequalities;
1. 1 13 (2 x − 1) + 83 (1 − x) 16
2. −5
1
0
x
73
Exercise solutions
1 8
1. 1 (2 x − 1) + (1 − x) 16 3 2 x − 1 + 8(1 − x) 48
3 3
3 2 x − 1 + 8 − 8 x 48 3 7 − 6 x 48
−4 41
−4 −6 x 41 x
−6 −6
2 41 41 2
x− − x
3 6 6 3
−1
1 1 −1
2. −1
− 5 0 (−5) ( 0 is undefined)
x x
1 1
− xx−
5 5
74
Intervals
• Sets of numbers that lie between a and b.
• bounded
• (a, b) open interval from a to b a < x < b
• [a, b] closed interval from a to b a x b
• (a, b] half-open interval from a to b a < x b
• [a, b) half-open interval from a to b a x < b
• unbounded
• [a, ) - all numbers x with x a
• (−, b) all numbers x with x < b
• The symbol is not a number
• We can present solutions to inequalities using the interval
notation.
75
Absolute value
-a 0
a
e.g. 5 = − 5 = 5
It is a useful convention to define variable so that, as far as
possible their value are positive rather than negative
76
Note:
|x | < a means −a < x < a.
|x | a means −a x a.
78
4. x 2 means that x 2 or x − 2
5. |x2 − 4| 2 means −2 x2 − 4 2
2 x2 6
2 x 6 and − 2 x − 6 = − 6 x − 2
79
Exercise
1. Calculate 5 − 3x , for x=-1, 2 , and 4
2. Solve the equation 5 − 3x = 0 for x.
3. Rewrite 5 − 3x by using the definition of
absolute value.
4. Determine x such that,
a. 3 − 8x 5
b. x − 2 1
2
80
Exercise solutions
1. 5 − 3x
For x=-1: 5 − 3(−1) = 5 + 3 = 8 = 8
For x=2: 5 − 3(2) = 5 − 6 = − 1 = 1
For x= 4: 5 − 3(4) = 5 − 12 = − 7 = 7
5
2. 5 − 3 x = 0 − (5 − 3 x ) = 0 3 x − 5 = 0 3 x = 5 x =
3
3. 5 − 3x = 5 − 3x
5 5
5 − 3 x = 5 − 3 x for x and 5 − 3x = 3 x − 5 for x
3 3
81
4. a. 3 − 8x 5
−5 3 − 8 x 5 −8 −8 x 2
1 1
1 x − − x 1
4 4
b. x 2 − 2 1 −1 x 2 − 2 1 1 x 2 3
1 x 3
and − 3 x −1
82