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

Calculate the area of circle, Calculate the area of CIRCLE ? A circle i...

Calculate the area of CIRCLE ? A circle is a set of all points that are at a given distance from a center point. The diameter (d) of a circle is the length of a line that goes

Replacement problems, how we will use the replacement problmes in our life?...

how we will use the replacement problmes in our life?

Discrete uniform distribution, Discrete Uniform Distribution Acme Limit...

Discrete Uniform Distribution Acme Limited is a car manufacturer. The company can paint the car in 3 possible colors: White, Black and Blue. Until the population is sampled, th

Integer., How do we add integers

How do we add integers

How to find total no. of unordered pairs , How to find total no. of unorder...

How to find total no. of unordered pairs of disjoint subsets of a finite set? Solution) Suppose A and B are two such disjoint subsets of the set S. Then every element can go into

Converting, I need help converting my project fractions to the number 1.

I need help converting my project fractions to the number 1.

Find the coordinates of the point p, Find the coordinates of the point P wh...

Find the coordinates of the point P which is three -fourth of the way from A (3, 1) to B (-2, 5).

Average function value of even and odd function, Average Function Value ...

Average Function Value The first application of integrals which we'll see is the average value of a function. The given fact tells us how to calculate this. Average Functi

Matlab, Help my matlab questions

Help my matlab questions

Mathematical model representing the total parking cost, John has a choice o...

John has a choice of using one of two parking garages when he visits downtown: Option1:  $8 an hour for the first two hours, then $2 and hour for each hour more than 2; or Op

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