AEM 7130 - Dynamic Optimization

Spring. 3 credits. Letter grades only.

Prerequisite: ECON 6090 and ECON 6170.

J. M. Conrad.

Concerned with the solution of dynamic allocation problems. Objectives are to (1) pose prototype optimization problems in discrete and continuous time, (2) introduce the common methods for solving prototype problems, (3) present a set of numerical problems, and thereby (4) equip students with basic theory and methods to perform applied research on dynamic allocation problems.