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    Final Exam JAN2014

    Uploaded by

    MeMu MeMu

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Final Exam JAN2014

    Uploaded by

    MeMu MeMu
    2 views6 pages

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    © © All Rights Reserved

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    2 views6 pages

    Final Exam JAN2014

    Uploaded by

    MeMu MeMu

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    ADVANCED MATHEMATICS Name:

    NIU: Group:
    Final Exam - December 2013
    Grade:

    Instructions: This exam consists of six questions. You have two hours to give a reasoned answer to all the
    exercises. Write the quiz entirely in ink. Calculators are not permitted.

    1 Determine for which values of the parameter a 2 R the matrix A is diagonalizable. (20 points)
    0 1
    2 0 0
    A=@ 0 1 3 A
    0 0 a

    1
    2 Suppose that in a given market with a single commodity the demand function is D(P ) = 4 P and the
    supply function is S(P ) = 2 + 2P , where P > 0 denotes the unitary price of the good. Assume that
    time is discrete and that the market follows the dynamics of the Cobweb Model, that is, S(Pt ) = D(Pt+1 )
    for every t. (15 points)
    (a) Obtain the expression of Pt when P0 = 4.
    (b) Calculate the equilibrium P .
    (c) Analyze the behavior of the price in the long run.

    2
    3 Consider the following system of equations (20 points)
    ✓ ◆
    2 2
    Xt+1 = Xt .
    0 1

    (a) Obtain the solutions of the previous system.


    (b) Calculate the equilibrium X.
    (c) Is the equilibrium X globally asymptotically stable?

    3
    4 Solve the following di↵erential equation: (t2 1)x0 = 2tx. (15 points)

    4
    5 Solve the following equation: x00 5x0 + 6x = e2t . (20 points)

    5
    6 Consider the di↵erential equation x0 = f (x). The following picture shows the trajectories of the solutions
    of such an equation. (10 points)
    (a) Identify the equilibria.
    (b) Study the stability of those equilibria.
    (c) Draw a sketch of the phase diagram that would correspond to this situation.

    x(t)

    t
    1

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