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    Mathematics For Economic Analysis 1 Complementary

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    Mathematics For Economic Analysis 1 Complementary

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    Original Title

    Mathematics for Economic Analysis 1 Complementary (1)

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    3 views2 pages

    Mathematics For Economic Analysis 1 Complementary

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    © All Rights Reserved
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    Download as pdf or txt
    of 2

    Model Question Paper

    Semester-1
    Complementary Course: Mathematics for Economic Analysis-1
    Time: 3 Hours Max. Mark: 80
    PART A
    Short Answers/Problems
    Answer any ten of the following. 2 marks each

    1. Define the terms variables and constants.


    2. Differentiate symmetric and skew symmetric matrix.
    3. Mention any two properties of determinants.
    2 4 3
    4. Without calculation, can you say the value of 3 1 2 why?
    6 2 4
    5. Marginal Revenue function is given as 100-8q. Calculate total revenue when q = 10.
    6. Integrate (x2. ex) .
    7. Find the maximum and minimum value of the function x2 – 2x2 -4x -1.
    8. Basic assumptions of linear Programming Problem.
    9. What are the steps involved in the formulation of an LPP?
    10. Distinguish static and dynamic model of input output system.
    11. What is the Hawkins – Simon conditions for the viability of the system?
    12. Write down a specimen of Leontief’s input output table.
    (10 × 2 = 20)
    PART B
    Sort Essay/ Problems
    Answer any six of the following. 5 marks each

    1 2 0 −1
    13. Given A = B = find (AB)T and BTAT, where AT denotes the
    3 4 6 7
    transpose A.
    4 −2 1
    14. Find the inverse of A = 7 3 3
    2 0 1
    15. Use Crammers rule to solve the system of equations.
    4x + 3y – 2z = 7
    X + y= 5
    3x + z = 4
    16. The demand function of a monopolist is P = 15 - 2x and the cost function is C = x2 +
    2x. Fin the (1) MR (2) MC (3) equilibrium output (4) equilibrium price and (5) AC.
    17. Optimize the following functions.
    a. Y = 3x2 + 18x – 36.
    b. Y = x2 – 4x +3.
    18. Solve the following problem graphically
    Max: 60x + 40y
    s.t 2x + y ≤ 60
    x ≤ 25
    y ≤ 35
    x, y ≥ 0
    19. Discuss the applications of LPP.
    20. Examine whether the input output system with the following coefficients matrix is
    0.8 0.2
    feasible
    0.9 0.7
    4 8 −4
    21. Find the Rank of the matrix 8 0 0 (6 × 5 = 30)
    4 −8 4

    PART C
    Essay
    Answer any two of the following. 15 marks each

    22. Explain the applications of derivatives in economics.


    23. a) Differentiate
    b) Find ∫ 2
    24. Solve the linear programming problem using Simplex method.
    Max: 3x + 2y ≤ 4
    X– y≤2
    X≥0, y ≥0
    0.4 0.1
    25. Given the coefficient matrix C = . Obtain the levels of output X1 and X2 to
    0.2 0.3
    have a final demand for X1 = 20 crores and for X2 = 15 crores. Prepare the input
    output table.
    (15 × 2 = 30)

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