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

Marketing of herbal products , To help Himalya herbal launch a successful m...

To help Himalya herbal launch a successful marketing campaign in the UK

If she remains going at similar rate how long will it take, Susan traveled ...

Susan traveled 114 miles in 2 hours. If she remains going at the similar rate, how long will it take her to go the remaining 285 miles of her trip? There is a 1 in 6 chance of

Math, weather prediction on monsoon past data on project

weather prediction on monsoon past data on project

Objectives of ones tens and more, Objectives After studying this unit, ...

Objectives After studying this unit, you should be able to 1.  evolve and use alternative activities to clarify the learner's conceptual 2.  understanding of ones/tens/hu

Give a definition of perimeter and area, Give a Definition of Perimeter and...

Give a Definition of Perimeter and Area? Perimeter is the distance around a flat (2-dimensional) shape. Area is the amount of space taken up by a flat (2-dimensional) shape. is

Ogive, How many types of ogives?

How many types of ogives?

Definition of inverse functions, Definition of inverse functions :  Given...

Definition of inverse functions :  Given two one-to-one functions f ( x ) and g ( x ) if ( f o g ) ( x ) = x  AND  ( g o f ) ( x ) = x then we say that f ( x ) & g ( x ) are i

Rate -categories of multiplication, Rate - when we know how many objects...

Rate - when we know how many objects are in a set, and need to find out the total number in several copies of that set. (e.g., if a child uses 4 copybooks in a year, how many co

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