Mathematical methods of economic analysis, Mathematics

Assignment Help:
I need answers for these 10 exam questions:
1.Input-output (Leontief) model: main assumptions and construction. Definition of productivity. Necessary condition of productivity of input-output model (proof). Inverse matrix (E-A)-1 in input-output model. How it is calculated by infinite series of Ak and what does it mean? Profitability of a model and what is the meaning of rows and columns of matrix (E-A)-1?
2.Solution of difference equations of the second order. Homogenous and non-homogenous case (proof of relevant formula).
3.Samuelson’s model of economic growth. Corresponding difference equation. Analysis of the model. Proof of convergence. Diagram for different pairs of a (accelerator) and ? (propensity to consume).
4.R.Solow growth model in discrete time. Corresponding difference equation. Existence of steady state. Convergence to steady state.
5.Problem of optimization. Classic approach. Necessary and sufficient conditions of minimum (maximum) in one – dimensional, n – dimensional constrained and non-constrained optimization cases. Application of the bordered Hessian.
6.Diamond-Samuelson overlapping generations model. Formulation, analysis and steady state.
7.Non-classic problem of optimization (problem of mathematical programming). Local and global minima. Convex set. Convex and concave function: definition and necessary and sufficient conditions of convexity. Necessary and sufficient condition of optimal solution of convex optimization problem. Cases when a set of feasible solutions is Rn , Rn+
8.Non-classic problem of optimization. Necessary and sufficient condition of optimal solution of convex optimization problem when a set of feasible solutions is defined by constraints g(x)=b. Lagrangian function, saddle point as sufficient condition of optimal solution (proof). Kuhn-Tucker theorem. Interpretation of dual variables.
9.Optimal control theory: the main problem in discrete time . R. Bellman’s principle of optimality. Recursive function.
10.McCall’s intertemporal job search model. Reservation wage.
Is it possible and how much does it cost?

Related Discussions:- Mathematical methods of economic analysis

Integration, It is known that a radioactive material decays at a rate propo...

It is known that a radioactive material decays at a rate proportional to the amount present.If after a period of 12 years,a 2g piece of radium weighs 1.99g.How long will it be befo

Electronic whiteboards, Topic : Use of Electronic whiteboards (ICT) in prim...

Topic : Use of Electronic whiteboards (ICT) in primary education in Australia and international. What are the key theories, concepts and ideas related to your topic? Wha

Partial Differential Equations Walter A Strauss, Find the full fourier Seri...

Find the full fourier Series of e^x on (-l,l)in its real and complex forms. (hint:it is convenient to find the complex form first)

Geometry Question, Does the Angle-Side Relationship Theorm work for all tri...

Does the Angle-Side Relationship Theorm work for all triangles or just a certain type of triangle? Does is correspond with the orthocenter of a triangle?

Mensuration, A palm tree of heights 25m is broken by storm in such a way th...

A palm tree of heights 25m is broken by storm in such a way that its top touches the ground at a distance of 5m from its root,but is not separated from the tree.Find the height at

Evaluate the inverse function , Question: a. What is the inverse of f (...

Question: a. What is the inverse of f (x)? b. Graph the inverse function from part (a). c. Rewrite the inverse function from part (a) in exponential form. d. Evaluate

find the original number, A two-digit number is seven times the sum of its...

A two-digit number is seven times the sum of its digits.  The number formed by reversing the digits is 18 less than the  original number. Find the original number.

Comparing, compare 643,251 633,512 and 633.893 the answer is 633.512 what i...

compare 643,251 633,512 and 633.893 the answer is 633.512 what is the question

Prove that 2b3-3abc+a2d=0, If  the  ratios  of  the  polynomial ax 3 +3bx...

If  the  ratios  of  the  polynomial ax 3 +3bx 2 +3cx+d  are  in  AP,  Prove  that  2b 3 -3abc+a 2 d=0 Ans: Let p(x) = ax 3 + 3bx 2 + 3cx + d and α , β , r are their three Z

Rules for inequalities, Here we look at only the rules without going ...

Here we look at only the rules without going into their proofs. They are: a  0. If a If a If a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd