Wednesday, February 18, 2009
Economics in Math Class
As I dozed in and out of consciousness, similiar to everyone in econ 200 at 8 in the morning (just kidding) during my math teacher's lecture about derivatives, I just so happened to hear something uttered about economics. I figured that I would tune in to see how my teacher was going to tie this high level math into a real life situation. She was reading right out of the book and said that using derivatives could calculate marginal costs. She looked puzzled and asked "What is marginal cost?" Considering the fact that there were about 15 girls that I found attractive in the class, I figured that I would spit out the answer to impress some of the ladies since no one else in the class had an idea what marginal cost was. I responded quickly saying "Marginal Cost is how much total cost increases from an increase in total output." Well maybe I didn't say it just like that, but the teacher got an understanding of what marginal cost was and turned a few heads. Thank you Kyle!
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I am assuming you are speaking about Math 131. When I took that class I had no idea what marginal cost was. The lecturer did not take any time to explain it and I had a very hard time doing those problems because I didn't understand what they really were asking. It was great of you to speak up and let people know what it really was, even if you were doing it just for the girls. It could have really helped someone like me out.
ReplyDeleteThe combination of calculus and economics doesn't stop in Math 131. I am currently taking Math 132 and we just did an entire section on consumer and producer surplus. I felt so comfortable with the graph and what was being asked that those questions were ridiculously easy. That helped me accomplish a very nice grade on my last math midterm. Economics has certainly helped me in one aspect of my life already.
Ali Woodruff
Econ 200
8:00-9:48 AM Tuesday and Thursday
nah math 151
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