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

Hcf and lcm, The HCF & LCM of two expressions are respectively (x+3) and (x...

The HCF & LCM of two expressions are respectively (x+3) and (x cube-7x+6). If one is x square+2x-3 , other is? Solution) (x+3) * (x^3-7x+6) = (x^2+2x-3) * y      ( ) (HCF*LCM=

find the ratio of their 11th terms, The  ratio of the sum of first n term...

The  ratio of the sum of first n terms of two AP's  is 7n+1:4n+27.  Find the ratio of their 11th  terms . Ans:    Let a 1 , a 2 ... and d 1 , d 2 be the I terms are Cd's of t

Mealy and Moore Machine, Distinguish between Mealy and Moore Machine? Const...

Distinguish between Mealy and Moore Machine? Construct a Mealy machine that can output EVEN or ODD According to the total no. of 1''s encountered is even or odd.on..

Service marketing, assignment of marketing mix on healthservices

assignment of marketing mix on healthservices

Standard interpretations to derivatives, Standard interpretations to deriva...

Standard interpretations to derivatives Example   Assume that the amount of money in a bank account is specified by                                       P (t ) = 500 + 10

Define a cyclic group, Question 1: (a) Show that, for all sets A...

Question 1: (a) Show that, for all sets A, B and C, (i) (A ∩ B) c = A c ∩B c . (ii) A ∪ (B ∩ C) = (A ∪ B) ∩ (A ∪ C). (iii) A - (B ∪ C) = (A - B) ∩ (A - C).

Sales Tax and Value added Tax, Dinesh bought an article for Rs. 374, which ...

Dinesh bought an article for Rs. 374, which included a discount of 15% on the marked price and a sales tax of 10% on the reduced price. Find the marked price of the article.

Explain lobachevskian geometry and riemannian geometry, Explain Lobachevski...

Explain Lobachevskian Geometry and Riemannian Geometry ? Nineteenth century mathematician Nicolai Lobachevsky assumed that the summit angles of a Saccheri quadrilateral are ac

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