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

Puzzle, 0+50x1-60-60x0+10

0+50x1-60-60x0+10

What is the evaluation of angle, In a periscope, a pair of mirrors is mount...

In a periscope, a pair of mirrors is mounted parallel to each other as given. The path of light becomes a transversal. If ∠2 evaluate 50°, what is the evaluation of ∠3? a. 50°

Example of addition, Example 1 Add 4x 4 + 3x 3 - ...

Example 1 Add 4x 4 + 3x 3 - x 2 + x + 6 and -7x 4 - 3x 3 + 8x 2 + 8x - 4 We write them one below the other as shown below.

Find out the volume of the solid -x = (y - 2)2, Find out the volume of th...

Find out the volume of the solid obtained by rotating the region bounded by x =  (y - 2) 2 and  y = x around the line y = -1. Solution : We have to first get the intersection

Basic, 8l550ml - 1/4l =

8l550ml - 1/4l =

What is a set, A set can define as a precise group of distinct objects. Wel...

A set can define as a precise group of distinct objects. Well-defined group means that there be a principle with the help of which it is probable to tell whether a given object rel

Solve the form ax2 - bx - c factoring polynomials, Solve the form ax 2 - b...

Solve the form ax 2 - bx - c factoring polynomials ? This tutorial will help you factor quadratics that look something like this: 2x 2 -3x - 14 (Leading coefficient is

Tangents, two circle of radius of 2cm &3cm &diameter of 8cm dram common tan...

two circle of radius of 2cm &3cm &diameter of 8cm dram common tangent

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