Optimization: First & Second Order Condition

Rohen Shah explains optimization, including First Order Condition (FOC) and Second Order Condition (SOC)

[misterminhas]

Doing my masters in a top 5 university and this was a better explanation than the professor gave. You sir are doing the lords work. Thank you!

[nibari]

I haven't seen someone explaining in this way before. you are the king of explanation thank you sir

[luiscamposgeldres]

Thank you so much, now I understand why the first order condition it is needed to get the variance minimum portfolio (portfolio management - finance).

[shyamaprasadchakraborti]

Wow! loved the explanation and examples, thank you so much 🙏

[swatsk]

Very nice explanation. Waiting for videos on MWG topics thats there on your shelf. thanks

[杰宇-wm]

Thank you so much for all the clear explanations !

[ihebbibani]

Hello, I have studied already optimization in my university but I have heard you say that we cannot say know if an extremum is a minimum or a maximum . I don't agree as in high school, if I do remember, we know that an extremum is a maximum or a minimum through the sign table that is to say that if we have an extremum point between a negative sign and a positive sign in the derivative then it's a minimum. If we have, an extremum point between a positive and a negative in the derivative then it's a maximum...

[splinterftw]

Thank you so much for your help! You're amazing!

[sanjayjawalkar]

Great explaination! But what if the second order derivative is a positive number like 2 with no x. Where do we substitute the critical point to find min Or max?

[Invergence_x]

Best explanation ever!!!! thank you so much

[k.gomani]

Please add more lessons, especially for integration