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Set theory is about studying collection of objects. The collection may comprise anything or any abstraction. It can be purely abstract thing like numbers or abstraction of real thing like students studying in class XI in a school. The members of collection can be numbers, letters, titles of books, people, teachers, provinces – virtually anything - even other collections. Further, it need not be finite. For example, a set of integers has infinite members. For a set, only requirement is that the members of a collection are properly defined.

Set
A set is a collection of well defined objects.

In other words, the member of set is clearly identifiable. The terms “object”, “member” or “element” mean same thing and are used interchangeably.

How to represent a set?

A set is denoted by capital letters like “A”, “B”, “C” etc. In choosing a symbol for a set, it is generally convenient to use a capital letter that identifies with the set. For example, it is appropriate to use symbol “V” to represent collection of vowels in English alphabet.

On the other hand, the members or elements of a set are denoted by small letters like “a”,”b”,”c” etc.

Membership of a set is denoted by the symbol “ ” . Its literal meaning is “belongs to”. If an object does not belong to a set, then we convey the same, using symbol “ ”.

a A : we read this as “a” belongs to set "A".

a A : we read this as “a” does not belong to set "A".

The set is represented in two ways :

  • Roaster form
  • Set builder form

Roaster form

All elements of the set are listed with a comma (“,”) in between and the listing itself is enclosed within braces “{“ and “}”. The order or sequence of elements within the set is not important – though desirable.

The set of numbers, which divide 12, is written as :

A = { 1,2,3,4,6,12 }

If a pattern or sequence is easily made out, then we can use ellipsis ("...") to represent continuity of such pattern. This type of representation is particularly useful to represent an infinite set. Clearly, sequence of members in this type of representation is important.

The set of even numbers is written as,

B = { 2,4,6,8 }

The roaster form is limited in certain circumstance. For example, we can not represent set of real numbers in roaster form. Real numbers is an infinite set, but the elements of this set do not follow a pattern or have a particular sequence. As such, we can not define same with the help of ellipsis.

Every member of the set is unique and distinct. However, we encounter situations in which collection can have repeated elements. For example, the set representing scores of three students can be a set of three numbers one of which is repeated :

S = { 80,80,70 }

We need to reduce such collection as :

S = { 80,80,70 } = { 80,70 }

Set builder form

Collections are often characterized by a common property. We can, therefore, define members of a set in terms of the common property. However, we need to ensure that objects outside the collection do not have the same common property.

The construction of qualification for the common property is quite flexible. Only thing is that we need to be explicit in what we mean. Generally, we denote the member by a symbol like “x” and then define the membership. Consider the examples :

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
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Jorge
hi
abubakar
hi
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Mahesh
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Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
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money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
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Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Precalculus with engineering applications. OpenStax CNX. Jan 24, 2011 Download for free at http://cnx.org/content/col11267/1.3
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