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

HELP, WHAT TWO SIX DIDGIT NUMBERS CAN YOU ADD 984,357

WHAT TWO SIX DIDGIT NUMBERS CAN YOU ADD 984,357

Finding length and height with volume and width?, I figured out the volume ...

I figured out the volume and the width, but I have no idea how to use that information to get the height and the length!

Example of division , Example of division: Divide 738 by 83. Soluti...

Example of division: Divide 738 by 83. Solution: Example: Divide 6409 by 28. Solution: Division could be verified through multiplying

Word problem time vs desent, altitude 35000 @ 9:30 9;42 alt 17500 increase...

altitude 35000 @ 9:30 9;42 alt 17500 increase speed by factor of 3 level out at 2500= how much time will it take

Theorem of reduction of order, In this theorem we identify that for a speci...

In this theorem we identify that for a specified differential equation a set of fundamental solutions will exist. Consider the differential equation  y′′ + p (t ) y′ + q (t

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