Chapter 10
Basics: Homogeneous and homothetic functions

 10.1 General information on the notation of functions
 10.2 Homogeneous functions
 10.3 Homogeneous functions of two variables
 10.4 Important properties of homogeneous functions: The Euler theorem and the absence of profit for companies with linear economies of scale
 10.5 Homothetic functions

(c) by Christian Bauer
Prof. Dr. Christian Bauer
Chair of monetary economics
Trier University
D-54296 Trier
Tel.: +49 (0)651/201-2743