Lesson 8: Solving Systems of Linear Equations

Preview

Every item you buy (clothes, food, etc.) requires multiple raw materials to produce. Those raw materials are sourced from sectors of the economy that are constantly exchanging and trading their good and services with each other. In this lesson we’ll study a simplified model of how goods are exchanged in an economy. The goal will be to understand how raw materials flow between different sectors in the economy. The exchange model we will study will yield a system of linear equations with multiple unknowns. We’ll then spend the rest of the lesson studying linear systems in general, introducing matrices and vectors to describe how to formulate and solve such systems.

Learn

Work through the lesson notes below, consulting the videos below it when you get to the "See Class Notes" boxes. For your records, the annotated lesson notes are below the videos. Some tips for you as you work through these resources:

Lesson Notes

Lesson 8.pdf

Class Notes A

Class Notes B

Class Notes C

Class Notes D

Class Notes E

Class Notes F

Reflect

If you are currently enrolled in this course with me, submit the written reflections Google Form I have emailed you after working through the lesson notes and videos. Some tips:

If you are not currently enrolled in this course with me, those written reflections ask three reflective questions designed to help you retain what you've learned and pinpoint any remaining areas of confusion. Those questions are:

Practice

Work through the practice problems suggested below to see how much of this lesson you've understood.

Lesson 8 - Practice Problems.pdf