Calculus of Variations and Its Application in Economics
Dynamic optimization problems are frequently used in economic models, especially in the fields of economic growth and financial economics, where agents choose a continuous function to maximize or minimize an objective functional under constraints. Calculus of variations is a powerful and easy-to-prove technique for solving dynamic optimization problems. We will introduce the calculus of variations, derive the Euler equation, and show a few applications of the calculus of variations in economic problems.
王忏(金融學院)
明洋(韦德体育bevictor中國經濟與管理研究院)
2024年3月23日(周六),下午14:00到17:00
韦德体育bevictor中國經濟與管理研究院、金融學院聯合主辦