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.
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
Index
