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

Sequencing., how to select out time for m2

how to select out time for m2

Chp 8 Study, Center and Radius 1)(x+2)^2-(y-3)^2=4

Center and Radius 1)(x+2)^2-(y-3)^2=4

Interpretation of r – problems in interpreting r values, Interpretation of ...

Interpretation of r - Problems in interpreting r values A high value of r as +0.9 or - 0.9 only shows a strong association among the two variables but doesn't imply that th

probability , An engineer has 200 resistors that he keeps in one box. Resi...

An engineer has 200 resistors that he keeps in one box. Resistors are colored to help their identification, and in this box there are 30 white resistors, 50 black resistors, 80 red

Find the probability, Q. Suppose Jessica has 10 pairs of shorts and 5 pair...

Q. Suppose Jessica has 10 pairs of shorts and 5 pairs of jeans in her drawer. How many ways could she pick out something to wear for the day? What is the probability that she pick

Curvature - three dimensional space, Curvature - Three Dimensional Space ...

Curvature - Three Dimensional Space In this part we want to briefly discuss the curvature of a smooth curve (remind that for a smooth curve we require → r′ (t) is continuou

Calculate the equation, Problem1: Find the general solution on -π/2 Dy/...

Problem1: Find the general solution on -π/2 Dy/dx +(tan x)y =(sin 2 x)y 4

Chi square distribution, Chi Square Distribution Chi square was first ...

Chi Square Distribution Chi square was first utilized by Karl Pearson in 1900. It is denoted by the Greek letter χ 2 . This contains only one parameter, called the number of d

How many miles to the gallon does marci''s car get, Marci filled her car's ...

Marci filled her car's gas tank on Monday, and the odometer read 32,461.3 miles. On Friday while the car's odometer read 32,659.7 miles and she filled the car's tank again. It will

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