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L1.1 - Introduction to unconstrained optimization: first- and second-order conditions (scalar case)
Perfect Competition & Profit Maximization: First and Second Order Conditions
Introduction to unconstrained optimization: first- and second-order conditions (vector case)
Calculus & Microeconomic Models: First Order Condition & Second Order Condition
Lesson 31 2 Optimization Theory and First and Second Order Conditions
Optimization: Second Derivative (Dr. April Ström)
first and second order condition for profit maximization
Optimization - Extreme Points, First and second order conditions and relative and absolute extrema
Unconstrained optimization - 2 - Identifying a local minima - 1st and 2nd order conditions
Introduction to unconstrained optimization: first- and second-order conditions (scalar case)
L1.2 - Introduction to unconstrained optimization: first- and second-order conditions (vector case)
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Last Updated: September 20, 2026
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Summary
In this video I provide a very brief summary of the basics of Finding Maximums and Minimums of multi-variable functions works pretty similar to single variable functions. An introductory lecture on unconstrained If this video helps, please consider a donation: ... A continuation of an introduction to unconstrained This video explains how to use calculus to solve a microeconomic model. We go over the Let us solve a question on how to apply the Economic Sample Problem: Question: Find the profit equation of a business with a revenue equation of 2000x – 10x^2 and a cost ... minimizer of a function, taylor's theorem, necessary and sufficient
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