Introduction to Dynamics¶
This section of the course contains foundational models for dynamic economic modeling. Most are single agent problems that take the activities of other agents as given. Later we will look at full equilibrium problems.
Lectures¶
- Dynamics in One Dimension
- AR1 Processes
- Finite Markov Chains
- Inventory Dynamics
- Linear State Space Models
- Application: The Samuelson Multiplier-Accelerator
- Kesten Processes and Firm Dynamics
- Wealth Distribution Dynamics
- A First Look at the Kalman Filter
- Shortest Paths
- Cass-Koopmans Planning Problem
- Cass-Koopmans Competitive Equilibrium