Econ 103 Elements Of Mathematical Economics PDF

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Summary

This document is lecture notes on mathematical economics, focusing on linear models and matrix algebra. The notes cover various topics like matrix algebra, matrices and vectors, matrix operations, transpose matrix and inverse matrix. It's a suitable resource for undergraduate students.

Full Transcript

ECON 103 ELEMENTS OF MATHEMATICAL ECONOMICS Linear Models and Matrix Algebra JAMES CHAR BUATIS BIBAT PART-TIME INSTRUCTOR DEPARTMENT OF ECONOMICS, VISAYAS STATE UNIVERSITY DEPARTMENT OF ECONOMICS vsu.edu.ph...

ECON 103 ELEMENTS OF MATHEMATICAL ECONOMICS Linear Models and Matrix Algebra JAMES CHAR BUATIS BIBAT PART-TIME INSTRUCTOR DEPARTMENT OF ECONOMICS, VISAYAS STATE UNIVERSITY DEPARTMENT OF ECONOMICS vsu.edu.ph Matrix Algebra Matrices and Vectors Matrix Operations Properties of Matrix Operations Transpose Matrix and Inverse Matrix DEPARTMENT OF ECONOMICS vsu.edu.ph Provides a compact way of writing an equation system Leads to a way of testing the existence of a solution by evaluating the determinant Gives a method of finding solutions (if they exist) but, applicable only to linear-equation systems DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph … DEPARTMENT OF ECONOMICS vsu.edu.ph … DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph 2 x 2x2 DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph In ordinary scalar algebra, we have: DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph DEPARTMENT OF ECONOMICS vsu.edu.ph ECON 103 ELEMENTS OF MATHEMATICAL ECONOMICS End of Module 2 JAMES CHAR BUATIS BIBAT PART-TIME INSTRUCTOR DEPARTMENT OF ECONOMICS, VISAYAS STATE UNIVERSITY DEPARTMENT OF ECONOMICS vsu.edu.ph

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