22-30.102 Computational Economics

Veranstaltungsdetails
Schließen 

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:


  • Matlab primer, including conditional statements and looping, scripts and functions, debugging and programming style
  • Basic numerical methods, including linear and nonlinear equation methods, complementarity methods, finite-dimensional optimization, numerical integration and differentiation, and function approximation
  • Methods for solving dynamic stochastic models in economics, including dynamic programming, rational expectations in discrete and continuous time

Lernziel:
After this course, the students are able to ...


  • explain different approaches of solving dynamic optimization problems by means of numerical approximation techniques
  • categorize the numerical techniques covered in the lecture
  • solve a given dynamic problem by applying a reasonable numerical technique
  • apply a toolbox in order to solve dynamic general equilibrium models
  • formulate and solve dynamic problems in discrete and continuous time

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.

Termine
Datum Von Bis Raum Lehrende
1 Di, 18. Okt. 2016 09:00 12:00 WiWi 2101/2105 Prof. Dr. Olaf Posch
2 Di, 25. Okt. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
3 Di, 1. Nov. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
4 Di, 8. Nov. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
5 Di, 15. Nov. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
6 Di, 22. Nov. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
7 Di, 29. Nov. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
8 Di, 6. Dez. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
9 Di, 13. Dez. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
10 Di, 20. Dez. 2016 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
11 Di, 10. Jan. 2017 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
12 Di, 17. Jan. 2017 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
13 Di, 24. Jan. 2017 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
14 Di, 31. Jan. 2017 09:00 12:00 WiWi 2043/2047 Prof. Dr. Olaf Posch
Prüfungen im Rahmen von Modulen
Modul (Startsemester)/ Kurs Leistungs­kombination Prüfung Datum Lehrende Bestehens­pflicht
22-3.E02 Computational Economics (WiSe 16/17) / 22-3.e02  Computational Economics Klausur oder Hausarbeit 1  Klausur Di, 14. Feb. 2017, 10:15 - 11:45 Prof. Dr. Olaf Posch Ja
2  Klausur Di, 21. Mär. 2017, 10:15 - 11:45 Prof. Dr. Olaf Posch Ja
Econ_E02 Computational Economics (WiSe 15/16) / 22-3.e02  Computational Economics Klausur oder Hausarbeit 3  Klausur Di, 14. Feb. 2017, 10:15 - 11:45 Prof. Dr. Olaf Posch Ja
4  Klausur Di, 21. Mär. 2017, 10:15 - 11:45 Prof. Dr. Olaf Posch Ja
Veranstaltungseigene Prüfungen
Beschreibung Datum Lehrende Pflicht
1. Klausur Di, 14. Feb. 2017 10:15-11:45 Prof. Dr. Olaf Posch Nein
2. Klausur Di, 21. Mär. 2017 10:15-11:45 Prof. Dr. Olaf Posch Nein
Übersicht der Kurstermine
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Lehrende
Prof. Dr. Olaf Posch