10.1 General information on the notation of functions

Designations:
ℝ Set of real numbers
ℝ+ Set of positive real numbers
M ⊆ N M is a subset of N
M ⊂ N M is a subset of N different from N
𝔻 Definition set
𝕎 Value set
f : 𝔻 → 𝕎 The function f maps the definition set 𝔻 to the value set 𝕎.

In the economic sciences, functions f : 𝔻 → 𝕎 of the following types frequently occur: Definition: A function f : 𝔻 → 𝕎 is a

  1. real function, if 𝔻 ⊆ ℝ and 𝕎 ⊆ ℝ
  2. real-valued function (in n real variables), if 𝔻 ⊆ ℝn and 𝕎 ⊆ ℝ
  3. Rn-Rm-function, if 𝔻 ⊆ ℝn and 𝕎 ⊆ ℝm
Examples:
  1. f : 𝔻 → 𝕎,x↦x2 with 𝔻 = ℝ: We insert any real number into the function term f(x) = x2:
    f(2) = 22 = 4,f(−7) = (−7)2 = 49,f(3) = (3)2 = 3,f(0) = 02 = 0

    Thus, you get the number 0 or positive real numbers as function values. The value set 𝕎 results to be 𝕎 = ℝ0+. Thus, you can also write

    f : ℝ → ℝ0+,x↦x2

    .

  2. f : 𝔻 → 𝕎, (x,y)↦ − x2 − y4 with 𝔻 = ℝ2: Here any pairs (x,y) ∈ ℝ2 are inserted:
    f(2, 1) = −22−14 = −5,f(−1,−2) = −(−1)2−(−2)4 = −1−16 = −17,f(0, 0) = −02−04 = 0

    Here we get as function values the number 0 or negative real numbers. The value set 𝕎 results to be 𝕎 = ℝ0−. Thus, you can also write

    f : ℝ2 → ℝ 0−, (x,y)↦ − x2 − y4

    .

  3. f : ℝ3 → ℝ2, x1 x2 x3 ↦ x1x2 + x32 x1 + x2 + x3


(c) by Christian Bauer
Prof. Dr. Christian Bauer
Chair of monetary economics
Trier University
D-54296 Trier
Tel.: +49 (0)651/201-2743
E-mail: Bauer@uni-trier.de
URL: https://www.cbauer.de