Higher-Order Derivatives

Definition

Higher-order derivatives refer to taking derivatives multiple times. For example, if we take two derivatives of a function, we get its second derivative. Higher-order derivatives provide information about how fast rates change over time.

Related terms

Derivative Rules:

A set of rules that help find the derivative of various functions, such as the power rule, product rule, and chain rule.

Concavity:

Describes the shape of a graph and whether it curves upward or downward.

Taylor Series:

An expansion of a function into an infinite sum of terms to approximate its value.