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Mathematical Methods in Macroeconomics

Předmět na Fakulta sociálních věd |
JEM183

Sylabus

Intro to course, Intro to Python, Differential equations, Exercises

Solow model, Harrod-Domar model, ExercisesDifference equations, Multiplier-AcceleratorSystems of differential, ISLMDornbusch model

Optimization (continuous), Ramsey modelOptimization (discrete), Belman equation (cake eating)

Heterogeneous agentsChristmas lecture = repetition

Anotace

https://dl1.cuni.cz/user/index.php?id=2709

The course is focused on mathematical methods which are underlying modern economic theory such as difference and differential equations and their systems, dynamic optimization methods, dynamic programming, foundations of nonlinear dynamics and approximation methods such as linearization and log-linearization. Developed mathematical tools are used in solving important economic models such as the IS-LM model or Ramsey model. Students will extensively use Python (prior knowledge is not required - a detailed introduction will be provided).

The course will will be taught live, in person, at the Institute according to the timetable (Thursday 2 PM - 5 PM, room 314).