lagrangians in economics: constrained optimization

  Рет қаралды 36,610

econ with emily

econ with emily

Күн бұрын

the lagrangian method is often introduced in intermediate microeconomics. it's a very math heavy method, but incredibly useful. this video walks through the lagrange method in general.

Пікірлер: 51
@ananyavashishtha4199
@ananyavashishtha4199 Жыл бұрын
Please make some more videos on relevant economics topics...you make it so easy to understand
@disintegratev6951
@disintegratev6951 Жыл бұрын
actually the best video on this topic, was very sad to see you stopped making videos.
@Knux4262
@Knux4262 3 жыл бұрын
the lagrangians are my favorite sci fi villains
@econwithemily2877
@econwithemily2877 3 жыл бұрын
the lagrangians did nothing wrong, you have the story flipped. they were a peaceful agricultural people before their planet was invaded
@erenclsknnnn
@erenclsknnnn 2 ай бұрын
YOU ARE AMAZING! My midterm exam is coming and my terrible prof. is terrible at lecturing. Thank God you're here.
@EyasinArafath-g3g
@EyasinArafath-g3g 11 ай бұрын
"Let's put the fancy math terminology aside for a second" - A Beautiful Start. ❤️. Best of luck for your PhD.
@ashercw
@ashercw Жыл бұрын
Thank you for saving my life. I had no idea how Lagrangians worked
@drcraigwebb
@drcraigwebb Жыл бұрын
Really like how you made this. Talking to camera, using the iPad, it is so clear. I remember having to make videos during the pandemic (not any more, thank goodness) and it is really hard to do it this well. All the best with your PhD :)
@Kapeya123
@Kapeya123 Жыл бұрын
@azibibasri3471
@azibibasri3471 2 күн бұрын
im studying at 4 a.m with my tiredness with this video, i just fell in love with you
@ahmyakm9176
@ahmyakm9176 Ай бұрын
Omg!! So interesting that by solving the lagrangian FOCs we derived the MRS=Px/Py in economics. the optimization by 2 methods. Love that.
@xzo0orro167
@xzo0orro167 4 ай бұрын
you make it simple and understandable more than my professor, thank you so much
@NazaninMoradi-e2l
@NazaninMoradi-e2l 2 ай бұрын
Thank you so much! I was able to understand everything. Please continue making videos; as you said, there aren't many women making videos on economics. We need more
@batkan5938
@batkan5938 17 күн бұрын
2 years later, I just wanted to say that I passionately hate this topic.
@maikek1522
@maikek1522 8 ай бұрын
Great video, I am preparing my final exam and it was very helpful
@yuemengji909
@yuemengji909 8 ай бұрын
I need your video!!!!! Please make more videos bout math in eco!!!! Love you!!
@boracelikturk369
@boracelikturk369 Жыл бұрын
Nicely explained. Thank you for the clarifications.
@boetvanbavel9410
@boetvanbavel9410 9 ай бұрын
This was super well explained and easy to follow!!
@cc510j
@cc510j 2 ай бұрын
hi, would be clearer if your curly L could be more differentiated from your Y, tends to look both like Y in the partial differentiation. but thankyou x
@kitaolivia
@kitaolivia 2 жыл бұрын
Girl, thanks so much for this video! You made it super clear
@hittingstacks-orientalpers7239
@hittingstacks-orientalpers7239 9 ай бұрын
So if there is a minimization problem do we use f'(x) minus g'(x)=0 Whilst maximization problem do we use f'(x) plus g'(x)=0? f'(x) being the derivation of objection function, whilst g'(x) being the constraint function? i.e. maximize problems for maximizing profit, minimize problems for minimizing cost.
@Mazaalai4
@Mazaalai4 3 ай бұрын
girl! this is life saver. thank you
@ErfanAhmadi-ht6xh
@ErfanAhmadi-ht6xh 4 ай бұрын
Ms, when we take the derivative of Lambda, why does I not equal XPx + YPy?
@darksidegaming8008
@darksidegaming8008 4 ай бұрын
8:15 derivative respect to lambda is i= xpx+ypy not -
@iteachyou4977
@iteachyou4977 5 ай бұрын
Please please please please 🙏 😢 make more videos because u have to ma'am. There are not so many like u. You are meant to teach ma'am what a wonderful teacher so rare these days 😢 people have big names only not the skills. Cannot just loose u just like that please ma'am come back 😊
@tariqueaziz233
@tariqueaziz233 Жыл бұрын
I'm from India,studying in Amu,helpful video.
@ΥφαντιδηςΣτυλιανος
@ΥφαντιδηςΣτυλιανος Жыл бұрын
Nicely put!!! Is the income constraint right in 8:30?
@darksidegaming8008
@darksidegaming8008 4 ай бұрын
no
@swan0231
@swan0231 Жыл бұрын
how to take account of binding and non binding?
@aubreytshiamogumbo9533
@aubreytshiamogumbo9533 5 ай бұрын
You make it very easyvto understand
@Vikalamaga
@Vikalamaga 3 ай бұрын
Please more videos I need to pass my micro economics class
@kuldeepdussad3621
@kuldeepdussad3621 Жыл бұрын
Only two vidoe Mam please make video on mathatical equation like is equations derivation of all these
@finnrodowicz4538
@finnrodowicz4538 5 ай бұрын
Really great video, thx for making it
@apurvap6420
@apurvap6420 Жыл бұрын
More videos pleaseeeee. On labour leisure framework
@AlhambraDream
@AlhambraDream 3 жыл бұрын
Gorgeous channel.
@sophialindsay8892
@sophialindsay8892 Жыл бұрын
This was so great! thank you so much!
@ColinMurphy-v2p
@ColinMurphy-v2p Жыл бұрын
amazing video
@AlhambraDream
@AlhambraDream 3 жыл бұрын
Gorgeous lagrangians
@phoebebrous5292
@phoebebrous5292 Жыл бұрын
you are so much better than my teacher lol
@jeeshanabrar
@jeeshanabrar 2 ай бұрын
why do u like cactus so much?
@카프레제-x5r
@카프레제-x5r 4 ай бұрын
thanks it helped me a loooootttttt
@christhiansalazar279
@christhiansalazar279 Жыл бұрын
So helpful!
@palomatran
@palomatran 2 жыл бұрын
Love this thx
@uzayrkhan9201
@uzayrkhan9201 2 жыл бұрын
Bruh. Much appreciated
@elizabethschannel7568
@elizabethschannel7568 2 жыл бұрын
brilliant, thanks x
@islandwolfgrl
@islandwolfgrl Жыл бұрын
so helpful!!
@williamfang9374
@williamfang9374 11 ай бұрын
! this save my life
@AlannaThompson-i5e
@AlannaThompson-i5e 5 ай бұрын
Girl come back make a patreon Ill payyyyy
@JanSanono
@JanSanono 3 ай бұрын
I always thought it was spelt Lagrangean
@ManishKumar-pr8sq
@ManishKumar-pr8sq 9 ай бұрын
Being very beautiful should be a crime🥶😭😭
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