The course focuses on dynamic optimization methods and techniques. We start by studying differential equations as a tool to represent and analyze dynamic economic systems. Modeling of these systems is then approached as an optimization problem, from a calculus of variations or an optimal control perspective.
The course will illustrate how these methods, techniques and tools can be used in various applications, drawing on economic policy examples. However, the focus will remain on gaining a general knowledge of the tools, its usefulness and limitations.

Prerequisites: Yes (see syllabus)