Curriculum for Tuesday's lecture

I got an e-mail that there is no specific reference in the schedule. You already know that the Lagrange multipliers do have an interpretation, and I will make that more precise, in the context of the envelope theorem. 

I do not have the books in front of me right now, and when I am back at Blindern you will most likely have looked up those parts by yourselves. So, I will cover:

  • the envelope theorem ("omhyllingssetningen" in Norwegian);
  • interpretations of the Lagrange multipliers;
  • remaining bits and pieces on optimization;
  • a few examples
  • if I start on homogeneous and homothetic functions tomorrow, we will be very light on it.
Published Apr. 14, 2015 7:15 AM - Last modified Apr. 14, 2015 7:15 AM