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- are-254 - dynamic-optimization-techniques-with-economic-applications
University of California-Davis Course Info
Davis, California•
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Course Info
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ARE 254
Dynamic Optimization Techniques with Economic Applications
Necessary and sufficient conditions in the calculus of variations and optimal control, economic interpretations, the dynamic envelope theorem and transversality conditions, infinite horizon problems and phase diagrams, local stability and comparative statics of the steady state, comparative dynamics.
Units: 4.0
Hours: Lecture—4 hour(s).