— Dynamic Optimization Techniques with Economic Applications

Prerequisites & course information

Course Description: Necessary and sufficient conditions in the calculus of variations and optimal control, economic interpretations, the dynamic envelope theorem and transversality conditions, infinite horizon problems and phase diagrams, local stability and comparative statics of the steady state, comparative dynamics. Learning Activities: Lecture 4 hour(s). Grade Mode: Letter. Learning Activities: Lecture 4 hour(s). Grade Mode: Letter.