Economic Problems

How does the Occupy movement look in the bastions of the 1%?

The state of our economy and what we can do about it.

What do the people think about this?

This article is a simplified explanation as to what happened with the housing market to contribute to the economic crisis.

There's quite a debate brewing about who should get what from who. There's a war over who deserves to bailed out and who doesn't. This argument only distracts smart people from coming up with solutions.

Section 10 of Mr. Stolyarov's Mathematical Economics Problems and Solutions gives solutions to four problems involving the use of second order conditions in functions with two choice variables.

Mr. Stolyarov gives a description of the second order conditions for a function with one, two, and more than two choice variables. Definitions of the Hessian matrix and the concepts of positive definite and negative definite matrices are also provided.

Mr. Stolyarov presents 5 practice problems pertaining to Robert Deacon's model of forest economics and the benefits and costs of harvesting a forest. Solutions are provided. This section is recommended for students of mathematical economics.

Mr. Stolyarov offers two additional constrained optimization problems involving inequality constraints and the Kuhn-Tucker conditions. Solutions to both problems are provided. This section is highly recommended for students of mathematical economics.

Mr. Stolyarov presents mathematical problems and solutions regarding the economics of fisheries -- including problems pertaining to the logistic population growth model, the Schaefer model, and the Gordon model.

Mr. Stolyarov presents and solves several optimization problems in mathematical economics, where the objective function is subject to multiple inequality constraints. Graphical illustrations are provided.

Mr. Stolyarov presents a set of problems and solutions regarding the intertemporal allocation of a depletable resource, using constrained optimization and the Kuhn-Tucker conditions. This section will be useful to students of mathematical economics.

Mr. Stolyarov solves two profit maximization problems typical of the kind present in a mathematical economics course. Objectives in these problems include finding the first and second order conditions for maximum total revenue and maximum problems.