Matrix Models

Contemporary Linear Algebra

Dynamical Systems
Dynamical system;
a finite set of variables whose values change with
time

State of the variable;

The value of a variable at a point

State of the dynamical system;

The vector formed from these states

Contemporary Linear Algebra

Dynamical Systems

Contemporary Linear Algebra

Dynamical Systems

Contemporary Linear Algebra

Dynamical Systems

the state shares eventually stabilize.

5

Contemporary Linear Algebra

Markov Chains

Stochastic process:
Stochastic matrix :
a square matrix ( each column is a probability vector)
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Contemporary Linear Algebra

Markov Chains

Contemporary Linear Algebra

Contemporary Linear Algebra

 Long-Term behavior of a Markov chain

Contemporary Linear Algebra

10

Contemporary Linear Algebra

Leontief Input-Output Models

To analyze an economy,

Sectors
Outputs, Inputs
Input-output analysis
Open sectors; do not produce outputs
Closed economies; economies with no open
sectors
Open economies; economies with one or more
open sectors

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Contemporary Linear Algebra

Leontief Input-Output Models

Leontief Model of an open Economy
The inputs(measured in dollars) required by the
productive sectors to produce one dollars worth.

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Contemporary Linear Algebra

Leontief Input-Output Models

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Contemporary Linear Algebra

Leontief Input-Output Models

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Contemporary Linear Algebra

Leontief Input-Output Models

Productive open economies

15

Contemporary Linear Algebra

Gauss-Seidel and Jacobi Iteration

* Recurrence relation ;
16

Contemporary Linear Algebra

Jacobi Iteration
Jacobi Iteration

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Contemporary Linear Algebra

Jacobi Iteration

18

Contemporary Linear Algebra

Jacobi Iteration
Ex.)

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Contemporary Linear Algebra

Jacobi Iteration

20

Contemporary Linear Algebra

Gauss-Seidel Iteration
Ex.)

21

Contemporary Linear Algebra

Gauss-Seidel and Jacobi Iteration

Gauss-seidel Iteration

22

Contemporary Linear Algebra

The Power Method;

Application to Internet Search Engines

23

Contemporary Linear Algebra

The Power Method;

Application to Internet Search Engines

24

Contemporary Linear Algebra

 The power method with Maximum entry scaling

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Contemporary Linear Algebra