KTALS160 Dynamic Optimization, 3–6 ECTS – Department of Economics and Accounting

Student's Guide | Curricula Guides | Teaching Schedules | Suomeksi

Curricula Guides 2008–2009

Archived Curricula Guide 2008–2010

Curricula Guide is archieved. Please refer to current Curricula Guides

▪ Curricula Guides » Faculty of Economics and Administration 2008–2010 » Department of Economics and Accounting » Theory and Methods

KTALS160 Dynamic Optimization 3–6 ECTS

Organised by

Economics

Person in charge

Assistant professor Matti Saariaho

Preceding studies

1. Courses in Mathematical Analysis 2. Course in Linear Algebra

Belongs to following study modules

Learning outcomes

To learn the tools of dynamic optimization and the applications of these in economic theory.

Calculus of variations, optimal control theory, dynamic programming.

Teaching methods

Teaching method	Contact	Online
Lectures	32 h	0 h
Exercises	16 h	0 h

Lectures (if arranged) are in Finnish.

Teaching language

Finnish

Modes of study

1. Chiang: Elements of Dynamic Optimization. McGraw-Hill 1992.
OR
2. Sydsaeter-Hammond-Seierstad-Strom: Further Mathematics for Economic Analysis. Financial Times/Prentice Hall 2005 (selected parts).

Note: The book exam (min 3 ECTS) is available only on predetermined dates.See the exam schedule (tenttiaikataulu) of economics. For more information, contact the person in charge.

Evaluation

Numeric 1-5.

Study materials

1. Chiang: Elements of Dynamic Optimization. McGraw-Hill 1992.
OR
2. Sydsaeter-Hammond-Seierstad-Strom: Further Mathematics for Economic Analysis. Financial Times/Prentice Hall 2005 (selected parts).