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

Circle, a wheel revolves 360 deegre revolution in one minute .Find how many...

a wheel revolves 360 deegre revolution in one minute .Find how many radians will the wheel subtend in one second

Find the number., There is a number. If the sum of digits is 14, and if 29 ...

There is a number. If the sum of digits is 14, and if 29 is subtracted from the number, the digits become equal. Find the number.

Discret math, i have a question about discret math

i have a question about discret math

Example for introducing counting, Four-year-old Mariamma was reciting numbe...

Four-year-old Mariamma was reciting number names - some of them in order, and others randomly. The child's aunt, sitting nearby, asked her, "Can you write 'two'?" She said she coul

Prove that ar= 3/7 ac of parallelogram , ABCD is a parallelogram in the giv...

ABCD is a parallelogram in the given figure, AB is divided at P and CD and Q so that AP:PB=3:2 and CQ:QD=4:1. If PQ meets AC at R, prove that AR= 3/7 AC. Ans:    ΔAPR ∼ Δ

Find the equation of circle concentric – coordinate geometry, 1. A point P(...

1. A point P(a,b) becomes (3,c) after reflection in x - axis, and (d,6) after reflection in the origin. Show that a = 3, b = - 6, c = 6, d = 2 2. If the pair of lines ax² + 2pxy

Binomial, how do you find the co=efficent when there are two brackets invol...

how do you find the co=efficent when there are two brackets involved?

Compute the quartile coefficient of skewness, By using the above data compu...

By using the above data compute the quartile coefficient of skewness Quartile coefficient of skewness = (Q3 + Q1 - 2Q2)/(Q3 + Q1)                                The positio

Convert to scientific notation, 1 . If someone is 20 years old, deposits $3...

1 . If someone is 20 years old, deposits $3000 each year into a traditional IRA for 50 years at 6% interest compounded annually, and retires at age 70, how much money will be in th

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