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Bản sao của Final-Assignment-MAT1092-Code-2

This document provides instructions for a final assignment in an advanced mathematics course. It details the assignment requirements, including submitting solutions to 5 problems over 10 pages by scanning and submitting the pages in a PDF file by the due time. It lists the 5 problems which include calculating prices given inflation rates, solving demand and cost functions, finding consumer and producer surpluses from supply and demand equations, using a macroeconomic model to write equations in matrix form, and analyzing a supply and demand system for price and quantity over time.

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ntmp.12305
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49 views2 pages

Bản sao của Final-Assignment-MAT1092-Code-2

This document provides instructions for a final assignment in an advanced mathematics course. It details the assignment requirements, including submitting solutions to 5 problems over 10 pages by scanning and submitting the pages in a PDF file by the due time. It lists the 5 problems which include calculating prices given inflation rates, solving demand and cost functions, finding consumer and producer surpluses from supply and demand equations, using a macroeconomic model to write equations in matrix form, and analyzing a supply and demand system for price and quantity over time.

Uploaded by

ntmp.12305
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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FINAL ASSIGNMENT

Code: 2
Program: IB, AC, MIS, BDA Lecturer’s Signature
Course Code: MAT 1092
Course Title: Advanced Mathematics
Time allowed: 24 hours
Asso. Prof. Nguyễn Hải
Date: 14/6/2021 - 15/6/2021 Thanh Date:
26/5/2021
Starting at 9:00, 14/6/2021
Department’s Signature
Ending at 9:00, 15/6/2021

Date: …/5/2021

Instructions to students:

1. At 9:00 AM, 14/6/2021, each student is assigned a final assignment with code number that is
identical to the last digit of his / her student code (for example: if a student code is 17071365 the
last digit is 5, and he / she must choose to do Final Assignment MAT1092 Code 5).
2. Final assignment consists of 5 problems, students should write the answers by hand to these
problems in 10 pages. Solution of problem 1 is written in pages 1-2, problem 2 in pages 3-4,
problem 3 in pages 5-6, problem 4 in pages 7-8, problem 5 in pages 9-10. Each page is numbered
clearly by hand writing in the right-top corner. Some pages not used are left with blank space.
Students should write clearly his / her full name and student code in the first row of the first page
(for example: Nguyễn Văn Thao, 17007365).
3. To submit the final assignment, students use CamScanner to scan all the above 10 pages and save
them to a pdf file, starting from page 1, then page 2, 3, 4, 5, 6, 7, 8, 9 and 10. 4. Students should finish
submitting the final assignment / the pdf file with the file name: student’s full
name.MAT1092.lecturer’s name (for example: Nguyen_Van_Thao.MAT1092.Thanh) in due time
through MS Teams Assignment (do not be late in submitting the final assignment, since the final
assignment can not be submitted after the due time, 9:00AM, 15/6/2021). 5. Any violation of the
above instructions will CAUSE ZERO MARK for the final assignment.
Problem 1 (2 points): The prices of a good at the end of each year between 2015 and
2018 (with 2015 being the base year) are listed in the table which also shows the annual
rate of inflation:
Year 2015 2016 2017 2018

Price 250 270 290 300

Inflation 6% x% y% z%

where x, y, z are the last three digits of your student code (for example: if a student code
is 17071435 then x = 4, y = 3, z = 5).
a/ If the index number of the real price for 2019 is 105 and the rate of inflation for this
year is 5%, work out the nominal value of the price in 2019;
b/ If the index number of the real price for 2014 is 90, work out the nominal value of the
price in 2014.
Problem 2 (2 points): The demand function for a firm’s domestic and foreign markets
are:
P1 = 50 – 5Q1
P2 = 30 – 4Q2
and the total cost function is:
TC = 25 + 10Q, where Q = Q1 + Q2.
a/ Determine the prices needed to maximize profit with and without price
discrimination;
b/ Find the maximum profit values in these two cases and give your comment.
Problem 3 (2 points) Given the demand function P = - QD2 – 4QD + 64, and the
supply function P = QS2 – 4QS + 14.
a/Assuming pure competition, find the consumer’s surplus and the producer’s
surplus; b/ Explain the meaning of values of the surpluses as found in question a/.
Problem 4 (2 points): Consider the macroeconomic model defined by
National income: Y = C + I + G* (G* > 0)
Consumption: C = aY + b (0 < a < 1, b > 0)
Investment: I = cr + d (c < 0, d > 0)
Money supply: MS* = k1Y + k2r (k1> 0, k2< 0, MS* > 0)
Show that this system can be written as Ax = b, where

a/ Use Cramer’s rule to find C;


b/ Write down the government expenditure multiplier for C and deduce it’s meaning.
Problem 5 (2 points): Consider the supply and demand equations: QSt = 0.4Pt-1 - 15
QDt = - 0.8Pt + 60
a/ Assuming that the equilibrium conditions prevail, find an expression for Pt and Qt
when P0 = 100;
b/ Is this system stable or unstable, explain why?

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