Syllabus
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
Annotation
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).