lagrangians in economics: constrained optimization

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  • čas přidán 9. 02. 2022
  • 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.

Komentáře • 32

  • @ananyavashishtha4199
    @ananyavashishtha4199 Před 8 měsíci +14

    Please make some more videos on relevant economics topics...you make it so easy to understand

  • @Knux4262
    @Knux4262 Před 2 lety +18

    the lagrangians are my favorite sci fi villains

    • @econwithemily2877
      @econwithemily2877  Před 2 lety +16

      the lagrangians did nothing wrong, you have the story flipped. they were a peaceful agricultural people before their planet was invaded

  • @user-ci1kb1gj5c
    @user-ci1kb1gj5c Před 4 měsíci +3

    "Let's put the fancy math terminology aside for a second" - A Beautiful Start. ❤️. Best of luck for your PhD.

  • @disintegratev6951
    @disintegratev6951 Před rokem +6

    actually the best video on this topic, was very sad to see you stopped making videos.

  • @PreciousPaws_
    @PreciousPaws_ Před 9 měsíci

    Thank you for saving my life. I had no idea how Lagrangians worked

  • @kitaolivia
    @kitaolivia Před rokem +1

    Girl, thanks so much for this video! You made it super clear

  • @boracelikturk369
    @boracelikturk369 Před 8 měsíci +1

    Nicely explained. Thank you for the clarifications.

  • @yuemengji909
    @yuemengji909 Před měsícem

    I need your video!!!!! Please make more videos bout math in eco!!!! Love you!!

  • @boetvanbavel9410
    @boetvanbavel9410 Před 2 měsíci

    This was super well explained and easy to follow!!

  • @maikek1522
    @maikek1522 Před měsícem

    Great video, I am preparing my final exam and it was very helpful

  • @drcraigwebb
    @drcraigwebb Před 9 měsíci +2

    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 :)

  • @sophialindsay8892
    @sophialindsay8892 Před rokem

    This was so great! thank you so much!

  • @AlhambraDream
    @AlhambraDream Před 2 lety

    Gorgeous channel.

  • @COMPTROL
    @COMPTROL Před 5 měsíci

    Thanks a lot for this lecture. Greetings from Turkey.

  • @christhiansalazar279
    @christhiansalazar279 Před rokem

    So helpful!

  • @elizabethschannel7568

    brilliant, thanks x

  • @islandwolfgrl
    @islandwolfgrl Před rokem

    so helpful!!

  • @tariqueaziz233
    @tariqueaziz233 Před rokem

    I'm from India,studying in Amu,helpful video.

  • @hittingstacks-orientalpers7239

    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.

  • @allbicepsnobrains
    @allbicepsnobrains Před rokem

    Love this thx

  • @user-we5ym6sj3p
    @user-we5ym6sj3p Před 5 měsíci

    Nicely put!!!
    Is the income constraint right in 8:30?

  • @user-vp4ip4zz7u
    @user-vp4ip4zz7u Před 11 měsíci

    amazing video

  • @uzayrkhan9201
    @uzayrkhan9201 Před rokem

    Bruh. Much appreciated

  • @swan0231
    @swan0231 Před 6 měsíci

    how to take account of binding and non binding?

  • @apurvap6420
    @apurvap6420 Před 8 měsíci

    More videos pleaseeeee. On labour leisure framework

  • @williamfang9374
    @williamfang9374 Před 4 měsíci

    ! this save my life

  • @AlhambraDream
    @AlhambraDream Před 2 lety

    Gorgeous lagrangians

  • @kuldeepdussad3621
    @kuldeepdussad3621 Před 7 měsíci

    Only two vidoe Mam please make video on mathatical equation like is equations derivation of all these

  • @phoebebrous5292
    @phoebebrous5292 Před 9 měsíci

    you are so much better than my teacher lol

  • @ManishKumar-pr8sq
    @ManishKumar-pr8sq Před 2 měsíci

    Being very beautiful should be a crime🥶😭😭