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

Caselets, how are indian customers visiting shoppers stop any different fro...

how are indian customers visiting shoppers stop any different from customers of developed western countries

Solve the subsequent lp problem, Solve the subsequent LP problem graphicall...

Solve the subsequent LP problem graphically through enumerating the corner points. MAX:              3X1 + 4X2 Subject to:    X1   12                     X2    10

What is angle pairs in parallel lines, What is Angle Pairs in Parallel Line...

What is Angle Pairs in Parallel Lines ? Next, we introduce several angle pairs formed by transversals which are very important in our study of geometry. Alternate interior an

Find out if the following series converges or diverges, Determine or find o...

Determine or find out if the following series converges or diverges.  If it converges find out its value. Solution We first require the partial sums for this series.

Comperative statics, Discuss comparative statics,Market model and Nationa i...

Discuss comparative statics,Market model and Nationa income model

How many baseball cards does peter now have, Peter purchased 14 latest base...

Peter purchased 14 latest baseball cards for his collection. This increased the size of his collection through 35%. How many baseball cards does Peter now have? First, you must

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