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Macroeconomics Study Guide for studying
Typology: Summaries
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The limit of f(x) as x approaches a is L, written lim[x→a] f(x) = L, if f(x) can be made arbitrarily close to L by taking x sufficiently close to a (but not equal to a). Key limit laws: sum, product, quotient, and composition rules.
If lim f(x) = lim g(x) = 0 (or ±∞), then lim f(x)/g(x) = lim f'(x)/g'(x), provided the latter limit exists.
Rule Formula Power Rule d/dx [x^n] = n·x^(n-1) Product Rule d/dx [uv] = u'v + uv' Quotient Rule d/dx [u/v] = (u'v - uv') / v² Chain Rule d/dx [f(g(x))] = f'(g(x))·g'(x) Exponential d/dx [e^x] = e^x Natural Log d/dx [ln x] = 1/x sin / cos d/dx[sin x]=cos x ; d/dx[cos x]=-sin x
A critical point occurs where f'(x) = 0 or f'(x) is undefined. Use the First Derivative Test: if f' changes from + to –, the point is a local max; if from – to +, a local min.
f is concave up where f''(x) > 0, concave down where f''(x) < 0. Inflection points occur where f'' changes sign.
An antiderivative of f is any function F such that F'(x) = f(x). The indefinite integral ∫f(x)dx = F(x) + C.
Function f(x) Integral ∫ f(x)dx x^n (n≠-1) x^(n+1)/(n+1) + C 1/x ln|x| + C e^x e^x + C sin x -cos x + C cos x sin x + C 1/(1+x²) arctan(x) + C
Part 1: If F(x) = ∫[a to x] f(t)dt, then F'(x) = f(x). Part 2: ∫[a to b] f(x)dx = F(b) – F(a), where F is any antiderivative of f.
u-Substitution: Set u = g(x), du = g'(x)dx. Transforms ∫f(g(x))g'(x)dx into ∫f(u)du.
Integration by Parts: ∫u dv = uv – ∫v du. Choose u using the LIATE rule (Logarithmic, Inverse trig, Algebraic, Trigonometric, Exponential).