Resource Economics I: Dynamic Optimization (5 cr)

Code:
AGERE-E08
Field:
Environmental Economics
Targets:
Master’s students Research Master's students PhD students
Organiser:
University of Helsinki - Environmental Economics
Instructor:
Several teachers
Period:
Period 3
Format:
Participation in teaching
Method:
Contact teaching
Venue:
Viikki campus
Enrollment:

Equivalent to AGERE-E05 Introduction to Dynamic Optimization


In case of conflicting information consider the Sisu/Course/Moodle pages the primary source of information.

Aalto, Hanken and UH economics students can enroll through their home university’s SISU. Further instructions are available on the How to enroll? page, also for students from other universities.

If you would like to count the credits towards your degree, please check your curriculum or contact your supervisor or student services for guidance.

  • To access the Moodle course area, use all the features and participate in the activities (assignments, discussions), you must have successfully registered for the course in Sisu and logged in with your UH user ID.
  • For more information on how to activate your UH user ID and register for a Moodle course area, click here.

This course guides the students through the main tools in dynamic optimization that are applied in environmental and resource economics. These include optimal control theory and non-linear optimization (e.g. Kuhn-Tucker theorem). A particular focus is given to the application of these tools using examples drawn from the environmental and resource economics literature.

At the end of this course the students will be

  • familiar with some of the main methods in dynamic optimization,
  • able to choose a useful method for the problem at hand, and
  • able to analyze dynamic problems in environmental and resource economics.