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

Alcohol solution (mixture), Nora works at a laboratory as a chemist . she w...

Nora works at a laboratory as a chemist . she was told to prepare 100L of 25% alcohol solution. she has on hand of a 15% percent alcohol solution and a 40% alcohol solution which s

Permuttation, A telephoned dialled number 0 to 9.if 0 is dialled first the ...

A telephoned dialled number 0 to 9.if 0 is dialled first the caller is connected to the international exchange system.find the number of local calls that can be rung if a local num

Explain peano''s axioms with suitable example, Question 1 Explain Peano's ...

Question 1 Explain Peano's Axioms with suitable example Question 2 Let A = B = C= R, and let f: A→ B, g: B→ C be defined by f(a) = a+1 and g(b) = b 2 +1. Find a) (f °g

Rectilinear figure, what is a redtilinear figure? like what are for the req...

what is a redtilinear figure? like what are for the requirments for a shape to be called that? example a regular polygon has all sides and angles equal. i cant find that kind of dr

Relationship between the shortest path distances - tree, 1. a)  Given a dig...

1. a)  Given a digraph G = (V,E), prove that if we add a constant k to the length of every arc coming out from the root node r, the shortest path tree remains the same.  Do this by

Prove any prime number is irrational, 1. Show that there do not exist integ...

1. Show that there do not exist integers x and y for which 110x + 315y = 12. 2. If a and b are odd integers, prove that a 2 +b 2 is divisible by 2 but is NOT divisible by 4. H

Algebra, how do you solve quadratic equations by factoring?

how do you solve quadratic equations by factoring?

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