Elements of dynamic optimization / Alpha C. Chiang

By:

Chiang, Alpha C [author]

Material type: Text

TextLanguage: English Publication details: Kolkata : Levant Books, 2012.Description: xiii, 327 pISBN:

9789380663371

Subject(s):

DDC classification:

23 330.0151

Summary: "In this volume Dr. Chiang introduces readers to the most important methods of dynamic optimization used in economics. The classical calculus of variations, optimal control theory, and dynamic programming in its discrete form are explained in the usual Chiang fashion--with patience and thoroughness. The economic examples, selected from both classical and recent literature, serve not only to illustrate applications of the mathematical methods, but also to provide a useful glimpse of the development of thinking in several areas of economics. Outstanding features include: (1) written with clarity and a comparable level of expository patience; (2) reinforces discussions of mathematical techniques with numerical illustrations, economic examples, and exercise problems; (3) presents a simple problem with a well- known solution in several different alternative formulations in the numerical illustrations; and (4) explains economic models in a step-by-step manner (from the initial construction through the intricacies of mathematical analysis to its final solution)."--

Item type:

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Home library	Collection	Shelving location	Call number	Materials specified	Status	Date due	Barcode
Print	OPJGU Sonepat- Campus	General Books	Main Library	330.0151 CH-E (Browse shelf(Opens below))		Available		147056
Print	OPJGU Sonepat- Campus	General Books	Main Library	330.0151 CH-E (Browse shelf(Opens below))		Checked out	21/11/2022	147057

Browsing OPJGU Sonepat- Campus shelves, Collection: General Books Close shelf browser (Hides shelf browser)

Previous								Next
Previous	330.0151 BO-P Philosophy of mathematics and economics image : context and perspective /	330.0151 BO-P Philosophy of mathematics and economics image : context and perspective /	330.0151 CH-E Elements of dynamic optimization /	330.0151 CH-E Elements of dynamic optimization /	330.0151 CH-F Fundamental methods of mathematical economics	330.0151 CH-F Fundamental methods of mathematical economics	330.0151 CH-F Fundamental methods of mathematical economics	Next

"In this volume Dr. Chiang introduces readers to the most important methods of dynamic optimization used in economics. The classical calculus of variations, optimal control theory, and dynamic programming in its discrete form are explained in the usual Chiang fashion--with patience and thoroughness. The economic examples, selected from both classical and recent literature, serve not only to illustrate applications of the mathematical methods, but also to provide a useful glimpse of the development of thinking in several areas of economics. Outstanding features include: (1) written with clarity and a comparable level of expository patience; (2) reinforces discussions of mathematical techniques with numerical illustrations, economic examples, and exercise problems; (3) presents a simple problem with a well- known solution in several different alternative formulations in the numerical illustrations; and (4) explains economic models in a step-by-step manner (from the initial construction through the intricacies of mathematical analysis to its final solution)."--

There are no comments on this title.

to post a comment.

Click on an image to view it in the image viewer