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Nurul Yaqin
Universitas KH. A. Wahab Hasbullah
Religion Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Electrical & Electronics Engineering Engineering Environmental Science Library & Information Science Mathematics Mechanical Engineering Physics Social Sciences Other

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Journal : APPLICATION: Applied science in Learning Research

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Mathematical Derivative for Solving Constrained Optimization in Utility Functions in Economics Yaqin, Nurul
APPLICATION: Applied science in Learning Research Vol. 4 No. 3 (2025): February
Publisher : LPPM Universitas KH. A. Wahab Hasbullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32764/application.v4i3.5850

Abstract

Mathematics is an important assistant tool used by other disciplines to obtain quantitative result in the problem-solving process. The optimum problem is one of the exciting problems that will be the object of our discussion in this article. The main idea of this article is to show how Substitution and Lagrange multiplier methods can solve a constrained optimization problem in economics. In this article, author will study and show how far and easy to solve economic optimum problems using mathematical formulas. Then, with an example of daily problem in economics, the author hopes that it will provide an overview for economic practitioners about how potential mathematical concepts can help them. And it will also be understood that how important it is, to approach and simplify a real-world problem in economics with a mathematical model so that mathematical formulas can be applied to appropriately solve economic problems with the best or optimal results. And eventually, it will also show us that economics in fact are increasingly mathematical.
Co-Authors Abdul Aziz, Wafiq Ahmad Fawaid Zuhri Airlangga, Primaadi Aisa, Aufia - Al Fahhiz, Mohammad Hufaif Ibri Aliuddin, Mohammad Alex Alvina Laili Shafira Atika Chaula Azha Billah, Mohammad Manazil Elfrida Ratnawati Friski, Ulfi Nur Izzah Annisa'u Hariono, M.Kom, Tholib Hariono, Tholib Hilyah Ashoumi Ica Nini Wulandari Lutfiani Lutfiani Mochammad Solakhuddin Ihsan Moh. Anshori Aris Widya Moh. Danur Wenda Muhyiddin Zainul Arifin munawarah Munawarah Munawarah, Munawarah Munawaroh Munawaroh Nur Khafidhoh Nurul Hidayah Riski Sihab Siti Sufaidah Siti Sulaikho Solihatuni'mah Solihatuni'mah Sujono - Tuzzahroh, Lutfiyah Widyastutik, Luky Zainul Arifin, Muhyiddin