Del i serien Classroom Companion: Economics

Beginner’s Guide to Dynamic Optimization in Economics

Inbunden, Engelska, 2025

499 kr

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This book introduces the basic concepts and tools of dynamic optimization as used in economics. The book emphasizes intuition, gradually adding small doses of mathematical development as needed to provide an accessible stand-alone introduction to the topic. All three primary approaches to dynamic optimization are covered: the calculus of variations, optimal control theory and dynamic programming. Numerous examples from the economics literature are presented, along with reference to key historical developments in the fields of microeconomics, macroeconomics, natural resource economics and other sub-disciplines. Written in an informal and readable style, the book focuses on building intuition alongside mathematical rigor in order to establish a foundation for more advanced treatment and study.

Produktinformation

Utgivningsdatum2025-12-02
Mått155 x 235 x 16 mm
Vikt440 g
FormatInbunden
SpråkEngelska
SerieClassroom Companion: Economics
Antal sidor168
FörlagSpringer Nature Switzerland AG
ISBN9783032093738

Tillhör följande kategorier

Chapter 1: Basics.- Chapter 2: Mr. Kuchenfresser.- Chapter 3: Impatience.- Chapter 4: Mr. Kuchenfresser Meets Ms. Banker.- Chapter 5: Euler, Euler, Master of Us All.- Chapter 6: Equations of Motion.- Chapter 7: Inventory and Stock Adjustment.- Chapter 8: Optimal Control Theory.- Chapter 9: Further Refinements in Optimal Control.- Chapter 10: Dynamic Stability.- Chapter 11: Dynamic Programming.- Chapter 12: A World of Uncertainty.- Chapter 13: To Infinity…and Beyond.