Application of calculus in economics

Authors

  • Huong, Le Thi
  • Ngoc Linh, Nguyen

Keywords:

Archimedes’ Principle, General Physics, Analysis, Creative Independent Thinking

Abstract

Mathematics is increasingly widely applied in many fields of science as well as in economics and life. Increasing the application of economic problems with practical content in teaching Mathematics is necessary and consistent with the goals of Mathematics. One of the tools to solve economic problems is integration. This article provides some applications of integration to determine the total function when knowing the marginal value function, determine the capital fund function according to the investment function, calculate consumer surplus and producer surplus, and the average value of the function.

Downloads

Download data is not yet available.

Author Biographies

  • Huong, Le Thi

    MSc. Hanoi University of Natural Resources and Environment

  • Ngoc Linh, Nguyen

    MSc. Hanoi University of Natural Resources and Environment

Published

2024-10-18

Issue

Section

APPLIED RESEARCH