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Mathematics Exam for Economists

This document presents the instructions for a mathematics exam for economists. It consists of 4 exercises covering topics such as composite functions, homogeneous functions, implicit functions, and differential equations. Students are instructed to show their work, be clear and concise in their answers, and not use electronic devices during the exam.

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47 views1 page

Mathematics Exam for Economists

This document presents the instructions for a mathematics exam for economists. It consists of 4 exercises covering topics such as composite functions, homogeneous functions, implicit functions, and differential equations. Students are instructed to show their work, be clear and concise in their answers, and not use electronic devices during the exam.

Uploaded by

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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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DEPARTMENT OF ECONOMICS AND FINANCE

SUBJECT: Mathematics for Economists Instance: Second Partial


Professor: Eliana Uesu 11/11/2021

LAST NAME AND FIRST NAME......................... L.U.........................

SIGNATURE:....................................................................................... Number of sheets delivered…..

Instructions for the exam development:


Carefully read each of the questions to ensure that you answer exactly what is being asked.
2. Think and prepare your answer in such a way that it is clear and concise.
Both knowledge and clarity of the presentation (including spelling) will be evaluated.
4. The interpretation is part of the exam and its final grade.
5. Each question has its score, with the final grade defined by the attached table.
6. The use of cell phones or any other technological devices is not allowed during the exam (except for calculators) and they must be
They should be properly stored at the front or back of the classroom.
7. It is not allowed to consult books, notebooks, or notes during the exam. Remember that academic honesty contributes to your
personal training and if it is violated, the subject will be retaken receiving a sanction.
Approval conditions: score 4, must answer at least 60% of the questions correctly.
Duration of the exam: 150 minutes

Exercise 1. Composite functions (20 points)


Given the following functions:
3
: ∈: ( , ,) =
→ + 2
ℎ: ∈ → : ℎ( ) = √ −2 w + 5
: ∈ 2 → 3 : ( (; ) = 2 ; − ; + )
a) Check if the following compositions can be made:( )⃗⃗ , ( ), (ℎ )y(ℎ )
b) For those case/s where composition can be performed, classify the composite function as: function
scalar, vector function, scalar field or vector field.
c) If( ⃗⃗ ) It can be composed, finding its first-order derivatives through the generalization of the rule.
from the chain (without performing the composition).

Exercise 2. Homogeneous function (20 points)


For the following functions:
ln (x−ln(y)
)
i) ( ; ; ) = 2

ii) ( ; ) = √ 2 + +3 5

a) Determine if they are homogeneous and of what degree


b) In case it is/are homogeneous, verify Euler's Theorem

Exercise 3. Implicit function (20 points)


For the following equation:
( ; ; ) =√2 +2 2 −2 =20
Find the derivatives: ′′, ′′ ′′
y evaluated at the point (1; 2; 1).

Exercise 4. Differential equations (40 points)


Given the following equations:

1 ′−
i)(2 − 2 x) = − (+ 32 ′ ) ii) 8 = 2
√

iii) ′′ − 8 ′+ 16 = 2+ iv) ′− 3 = 3

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