mathemAtical methods for macroeconomics
instructor・Pascal Michaillat
date・Fall 2013
school・London School of Economics & Political Science
permalink・https://www.pascalmichaillat.org/t3.html
date・Fall 2013
school・London School of Economics & Political Science
permalink・https://www.pascalmichaillat.org/t3.html
course overview・This course covers basic mathematical methods to study dynamical systems, in discrete time and in continuous time. Dynamical systems are systems that involve more than one time-period; they are prevalent in macroeconomics. The course first discusses dynamic programming, a method to solve discrete-time optimization problems. It then turns to optimal control, a method to solve continuous-time optimization problems. Finally, it shows how to solve differential equations, which are key to describe continuous-time systems.
lecture notes 1・Dynamic Programming
lecture notes 2・Optimal Control
lecture notes 3・Differential Equations
lecture notes 2・Optimal Control
lecture notes 3・Differential Equations
problem set 1・Dynamic Programming
problem set 2・Optimal Control
problem set 3・Differential Equations
exam・ One-Hour Cumulative Exam
problem set 2・Optimal Control
problem set 3・Differential Equations
exam・ One-Hour Cumulative Exam