Week 16 & 17
Week 16: Homogenous Production function, Cobb Douglas Production function. Jaccobian determinants. CES Production Function. Translog Function. |
Week 17: Linear Programming: Ingredients of linear Programming. Graphical approach, simplex method, economic applicator of linear programming. Concept of primal and dual. Duality theorems. Solving of Primal via dual. Economic interpretation of a dual. |