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

Solving Trig Equations, How would you solve the equation: 1+ sin(theta)= 2 ...

How would you solve the equation: 1+ sin(theta)= 2 cos^2(theta)?

Ordinary differential equations, Verify Liouville''s formula for y^ prime p...

Verify Liouville''s formula for y^ prime prime prime -y^ prime prime - y'' + y = 0 in [0, 1]

Proper and improper fractions, Proper and Improper Fractions: Exampl...

Proper and Improper Fractions: Example: 3/8 proper fraction 8/3 improper fraction 3/3 improper fraction Here an improper fraction expressed as the sum of an in

Exponential and logarithm equations, Exponential and Logarithm Equations ...

Exponential and Logarithm Equations : In this section we'll learn solving equations along with exponential functions or logarithms in them. We'll begin with equations which invol

Four-step plan, Adison earned $25 mowing her neighbor''s lawn. Then she loa...

Adison earned $25 mowing her neighbor''s lawn. Then she loaned her friend $18, and got $50 from her grandmother for her birthday. She now has $86. How much money did Adison have to

Calculate the area of the ade and compare it with abc, The vertices ...

The vertices of a ? ABC are A(4, 6), B(1. 5) and C(7, 2). A line is drawn to intersect sides AB and AC at D and E respectively, such that AD/AB = AE/AC = 1/4 .Calculate the  ar

Proportions, bananas are on sale for 3 pounds for $2. At that price how man...

bananas are on sale for 3 pounds for $2. At that price how many pounds can you buy for $22

Using calculus method, Sheldon as the day for the challenge gets closer wan...

Sheldon as the day for the challenge gets closer wants to enter the race. Not being content with an equal start, he wants to handicap himself by giving the other yachts a head star

how many of the original vectors, We have claimed that a randomly generate...

We have claimed that a randomly generated point lies on the equator of the sphere  independent of where we pick the North Pole.  To test this claim randomly generate ten  vectors i

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