Institution: Fakultät für Wirtschafts- und Sozialwissenschaften, Helmut-Schmidt-Universität/Universität der Bundeswehr Hamburg

Studiengang: Doktorandenstudium

Dozent/in: Ass.-Prof. Dr. Olaf Posch (University of Aarhus, Dänemark)

Termin(e):
29.06.09 11:30-13:00 Uhr: Integration, Differential Equations
29.06.09 17:30-19:00 Uhr: Qualitative Theory
30.06.09 13:00-15:00 Uhr: Control Theory
30.06.09 16:00–18:00 Uhr: Examples
01.07.09 16:00–20:00 Uhr: Dynamic Programming & Examples
02.07.09 16:00 – 20:00 Uhr: Discrete Time: Difference Equations, Dynamic Optimization, Examples
03.07.09 12:00 – 16:00 Uhr EDV Labor WiSo Continuous Time: Ito Calculus, Stochastic Control, Examples
Zusätzliche Sprechstundentermine werden in der Veranstaltung angekündigt.

Raum: H.1/2161 (EDV-Raum Fakultät WiSo)

Max. Teilnehmerzahl: k.A.

Semester-Wochen-Stunden: k.A.

Credit Points: k.A.

Unterrichtssprache: Deutsch

Beschreibung:

Course objective. This course provides a toolbox for solving dynamic optimization problems in economic models. In particular, we review the  mathematical tools required for graduate courses in economics including control theory, and dynamic programming. We then study models in discrete and continuous time. Throughout the course, the optimization problems are illustrated using various examples. A particular focus will be on formulating and solving dynamic models in modern macroeconomics.

Reading list: The main text books are Sydsaeter et al. (2008, chap. 4-12, 290 pages) and Chang (2004, chap. 4, 50 pages). Reflecting the lecture notes is compulsory.