Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
ECON1008 FORMULAS
FORMULAS FOR ECON1008
| Term | Definition |
|---|---|
| First principles | f’(x)= f(x+h)-f(x)/h |
| Arithmetic series formula | a + (n-1)d |
| Arithmetic series sum | n/2(2a + (n-1)d) |
| Geometric series formula | ar^n-1 |
| Taylors linear approximation | x = a f(x) = f(a) + f'(a)f(x -a) |
| Discrete compound interest formula | F = P(1 + i/n)^nt |
| Effective annual rate of interest | F = P(1 + i/n)^n -1 |
| Present value for an infinite series of future payments | P = F/i |
| Market price of a perpetual bond | Pb = C/i |
| Continuous compound growth | Pe^it |
| Effective annual rate of interest continuously compounded growth | e^i - 1 |
| Differential equations general solution | Ae^bt - c/b |
| Differential equation unique solution | (y0 + c/b)e^bt - c/b |
| Chain rule | u'v' |
| Product rule | uv' + vu' |
| Quotient rule | vu' - uv' / v^2 |
| Arc elasticity | %change x / %change y |
| Point elasticity | dy/dx(x0/y0) |
| Geometric series sum | a(1 - r^n)/(1 - r) or a/(1-r) when |r| < 1 |
| Lagrangian | L = f(x,y) - lamda{g(x,y) - c } |
Created by:
Hdu124
Popular Math sets