Designed to be used with Chiang's "Fundamental Methods of Mathematical Economics", or independently at advanced undergraduate or graduate level, this text presents an in-depth exploration of dynamic optimization in economics.
Tab Article
Preface
Chapter 1: The Nature of Dynamic Optimization Chapter 2: The Fundamental Problem of The Calculus of Variations Chapter 3: Transversality Conditions for Variable-Endpoint Problems Chapter 4: Second-Order Conditions Chapter 5: Infinite Planning Horizon Chapter 6: Constrained Problems Chapter 7: Optimal Control: The Maximum Principle Chapter 8: More on Optimal Control Chapter 9: Infinite-Horizon Problems Chapter 10: Optimal Control With Constraints