mathematics 2 for business schools section 1: fundamentals
TRANSCRIPT
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Building Competence. Crossing Borders.
Mathematics 2 for Business Schools
Section 1: Fundamentals of Differential Calculus
Spring Semester 2017
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After finishing this section you should be able to β¦
β’ derive the difference quotient and the differential quotient of a function (repetition).
β’ explain the concept of the derivative of functions (repetition).
β’ derive and correctly apply the rule for the derivative of constant functions (repetition).
β’ derive and correctly apply the rule for the derivative of power functions (repetition).
β’ correctly apply the constant factor rule and the sum rule (repetition).
β’ correctly apply the product rule, the quotient rule, and the chain rule (new).
β’ find the derivative of exponential functions and logarithmic functions (new).
Learning objectives
2Spring semester 2017 Section 1: Fundamentals of differential calculus
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Difference quotient β Definition
3
The slope ππ of the secant through the
points
π π₯0, π(π₯0) and
π π₯0 + Ξπ₯, π(π₯0 + Ξπ₯)
of π, i.e., the average rate of change
of π on the interval π₯0; π₯0 + Ξπ₯ is
called the difference quotient
ππ =Ξπ
Ξπ₯=π π₯0 + Ξπ₯ β π π₯0
Ξπ₯
at π₯0 (between π and π).
Spring semester 2017 Section 1: Fundamentals of differential calculus
π₯0 π₯0 + βπ₯
π(π₯0)
π(π₯0 + βπ₯)
π
π
Ξπ
Ξπ₯
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Local rate of change of a function
4
ππ‘ = limΞπ₯βΆ0
π π₯0 + Ξπ₯ β π π₯0Ξπ₯
Finally, the secant becomes the tangent and the
slope of the secant becomes the slope of the
tangent.
Spring semester 2017 Section 1: Fundamentals of differential calculus
The average rate of change of a function between π and π becomes the local rate of
change in π if π is moved towards π, i.e. if βπ₯ tends to 0.
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Differential quotient β Definition
5
The function π is called differentiable in π₯0 if the
limit of the difference quotient
ππ‘ = πβ² π₯0 = limΞπ₯βΆ0
π π₯0+Ξπ₯ βπ π₯0
Ξπ₯
exists in π₯0.
Our notation for this limit is πβ² π₯0 and we call it
differential quotient,
derivative,
slope of the tangent or
local rate of change of π
in π₯0.
Spring semester 2017 Section 1: Fundamentals of differential calculus
π₯0
π(π₯0)
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Spring semester 2017 Section 1: Fundamentals of differential calculus
There are several notations used for the derivative.
The most widely used notation for the derivative of π is πβ². This notation was introduced
by Newton.
Since the derivative is the same as the differential quotient, the Leibniz notation is also
used quite often. Here, the derivative of π is written as ππ
ππ₯.
Both notations mean the same, namely the derivative of π. Therefore πβ² =ππ
ππ₯.
The calculator can numerically find the derivative at a specific point π₯0. This is done by
using the following keys:
SHIFT π/ππ₯,
enter the function,
enter the π₯-value where to calculate πβ².
d-notation and calculator
6
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Differentiation rules β Review
7Spring semester 2017 Section 1: Fundamentals of differential calculus
π(π₯) πβ²(π₯) Remarks
1. π 0 π β β, any real constant
2. π₯ 1
3. π₯π π β π₯πβ1
4. π β π(π₯) π β πβ²(π₯) π β β, factor rule
5. π’ π₯ + π£(π₯) π’β² π₯ + π£β²(π₯) sum rule
These rules can be expressed in a shorter way by omitting the argument x, e.g. the sum rule can be written as
π’ + π£ β² = π’β² + π£β² instead of π’ π₯ + π£ π₯ β² = π’β² π₯ + π£β²(π₯)
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Exercise β Repetition
8
Find the first and second derivatives of the following functions:
a) π π₯ = 5
b) π π₯ = π₯2
c) π π‘ = 3π₯4
d) π π‘ = 5π‘3
e) β π’ = 3π’4 β1
2π’2 + 3
f) π π₯ =3π₯2 +
1
π₯2β
1
π₯
Spring semester 2017 Section 1: Fundamentals of differential calculus
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Product rule
9
If π’(π₯) and π£(π₯) are differentiable functions, then π π₯ = π’(π₯) β π£(π₯) is also
differentiable and its derivative is given by:
π(π₯)β² = π’β² π₯ β π£(π₯) + π’(π₯) β π£β²(π₯)
Spring semester 2017 Section 1: Fundamentals of differential calculus
Short notation: π’ β π£ β² = π’β²π£ + π’π£β²
Example: π π₯ = π₯ + 1 π₯ β 1
π’ π₯ = π₯ + 1 and π’β² π₯ = 1π£ π₯ = π₯ β 1 and π£β² π₯ = 1
πβ² π₯ = 1 β π₯ β 1 + π₯ + 1 β 1= π₯ β 1 + π₯ + 1 = 2π₯
(One can reach the same result by first expanding the functional term and then differentiating the expression in its expanded form.)
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Quotient rule
10
If π’(π₯) and π£(π₯) are differentiable functions, then the function π π₯ =π’(π₯)
π£(π₯)is
also differentiable and its derivative is given by:
π(π₯)β² =π’β²(π₯) β π£ π₯ β π’ π₯ β π£β²(π₯)
π£(π₯)2
Spring semester 2017 Section 1: Fundamentals of differential calculus
Short notation :π’
π£
β²=
π’β²π£βπ’π£β²
π£2
Example: π π₯ =π₯+1
π₯β1
π’ π₯ = π₯ + 1 and π’β² π₯ = 1π£ π₯ = π₯ β 1 and π£β² π₯ = 1
πβ² π₯ =1β π₯β1 β π₯+1 β1
π₯β1 2 =π₯β1βπ₯β1
π₯β1 2 =β2
π₯β1 2
Note theminus sign!
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Chain rule
11
Example:
π π₯ = 3π₯2 + 6π₯ 79
Outer function: π’ π£
Inner function: π£(π₯)
Is the composition of the two functions π’ β π£ exists and if π’ is
differentiable at π£(π₯) then derivative of the composition is given by:
π’ β π£ β² π₯ = π’ π£ π₯ β² = π’β² π£ π₯ β π£β²(π₯)
πβ² π₯ = 79 β 3π₯2 + 6π₯ 78 β 6π₯ + 6 = β―
Outer derivative : π’β² π£ Inner derivative: π£β²(π₯)
Spring semester 2017 Section 1: Fundamentals of differential calculus
Short notation : π’ β π’ β² = π’β²(π£) β π£β² In other words: outer derivative multiplied by inner derivative
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Examples β Product rule, quotient rule, and chain rule
12
Find the derivatives of
a) π π₯ = 2π₯2 β 1 3π₯ + 1
b) π π₯ =2π₯2β1
3π₯+1
c) β π₯ =32π₯2 β 1
Spring semester 2017 Section 1: Fundamentals of differential calculus
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Derivatives of exponential and logarithmic functions
13
For π β β+\ 1 the functions ππ₯ and logππ₯ are differentiable and
their derivatives are:
a) ππ₯ β² = ππ₯
b) ππ₯ β² = ππ₯ β ln π
c) ln π₯ β² =1
π₯
d) logπ π₯β² =
1
π₯β
1
ln π
Spring semester 2017 Section 1: Fundamentals of differential calculus
with π β 2.71828β¦ Euler number
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Examples
14Spring semester 2017 Section 1: Fundamentals of differential calculus
Find the derivatives of
a) π π₯ = πβπ₯2
2
b1) π π₯ = π₯ β πβπ₯ (solve using the product rule)
b2) π π₯ = π₯ β πβπ₯ (solve using the quotient rule)
c) β π₯ = logπ 2 π₯
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Rules of differentiation: Overview (Formulary)
15Spring semester 2017 Section 1: Fundamentals of differential calculus