Lehrende: Prof. Dr. Olaf Posch
Veranstaltungsart: Interaktive Lehrveranstaltung
Anzeige im Stundenplan: Econ30
Semesterwochenstunden: 3
Credits: 6,0
Unterrichtssprache: Englisch
Min. | Max. Teilnehmerzahl: - | 45
Kommentare/ Inhalte: LV-TITEL ENGLISCH: Computational Economics Many interesting economic models cannot be solved analytically. This course introduces computational methods in order to solve dynamic stochastic nonlinear economic models. It illustrates that most numerical methods exploit the recursive structure of dynamic economic models. This course does not make any attempt to cover the numerous numerical techniques or potential economic applications. It instead chooses to develop only a relatively small number of techniques that can be applied easily to a wide variety of economic problems. It also demonstrates how to use some of the available toolkits. CONTENTS:
Lernziel: After this course, the students are able to ...
Vorgehen: - this course emphasizes practical numerical methods, not mathematical proofs - focus on techniques that is particularly useful in economics - the examples in this lecture cover a wide range of models in economics - provide working examples and use the CompEcon toolbox - the students program in Matlab by themselves and develop their own computational economic applications Computational Economics: Interactive lecture (3 SWS) Remark: Students need to participate actively and self-study throughout the course.
Literatur: - Miranda, Mario J. and Paul L. Fackler, Applied Computational Economics and Finance, MIT Press, 2nd edition, 2004. supplementary: - Heer, Burkhard and Alfred Maussner, Dynamic General Equilibrium Modelling - Computational Methods and Applications, Springer, 2nd edition, 2009.