Module: Optimization in Economic Theory (5208-420)

Persons:

• Prof. Dr. Klaus Prettner (verantwortlich)

Degree Program:

• Economics (WS 16/17) (Master, since 01.10.2016)
  1. Semester, compulsory
• Economics (WS 17/18) (Master, since 01.10.2016)
  1. Semester, compulsory

Relation to other Modules:

None

Prerequisites for Attendance:

none

Sprache:

English

ECTS:

6 credits

Frequency:

every winter semester

Length of the Module:

1 semester

Final examination:

written exam

Length of the examination:

90 minutes

Workload:

180 hours: 56 hours lecture 124 hours preperation

Professional competences:

The students know the standard concepts of Algebra, Analysis, static (deterministic
and stochastic) optimization with equality and inequality constraints, comparative
statics, and dynamic optimization in discrete and in continuous time. They are able to
apply these concepts and methods to solve the economic problems that they ·
encounter over the course of their studies.

Courses