Octavo, hardcover, near fine in salmon and gray pictorial boards. No dj. Discusses the nature of dynamic optimization, calculus of variations, optimal control theory (economic theory). 327 pp. including index.

Seller Inventory # 46475

Contact seller

Report this item

Bibliographic Details

Title: Elements of Dynamic Optimization
Publisher: New York, NY, McGraw-Hill 1992
Publication Date: 1992
Language: English
ISBN 10: 0070109117
ISBN 13: 9780070109117
Binding: Hardcover
Condition: Very Good
Dust Jacket Condition: No Jacket
Book Type: Book

About this title

Synopsis

Designed to be used with Chiang's "Fundamental Methods of Mathematical Economics", or independently at advanced undergraduate or graduate level, this text presents an in-depth exploration of dynamic optimization in economics.

From the Back Cover

"This book is immensely valuable, especially for students coming to this material for the first time. Professor Chiang has a singular talent for clear exposition of complex mathematical concepts. This text is simply the best introduction to dynamic optimization I have ever seen." -- John McDermott, University of South Carolina

"Chiang has done it again." -- Henry Thompson, Auburn University

"A brilliant, highly readable book. Bringing together tractable dynamics and a rich array of applications, it covers in depth some major analytical developments in dynamic macroeconomics. Dynamic macroeconomics in the 1990s was about introducing various kinds of market imperfections and heterogeneity in the models available before. This book teaches, in a comprehensive and understandable way, how to use and formulate these models. Chiang makes it insightful and natural for the reader, using the tools he has laid out, to go on to attack substantive and original research in dynamic macroeconomics. Invaluable for teachers and students alike." -- Zuhair Al-Fakhouri, Wayne State University

"This is the most understandable text I have come across on topics of optimization. The author discusses the formal elements of problems in an informal way to facilitate an easy grasp of the crucial points. I have learned and re-learned control theory from this book better than any other text." -- Abdul Qayum, Portland State University

"About this title" may belong to another edition of this title.

Store Description

I have a large inventory of children's books, cookbooks, collectibles, classics, first editions, signed books, history, biographies, science, textbooks, and more. Each book to me is a "precious jewel" and I try and describe it, giving you a good understanding of its content, and also its condition. One example, I have a John Muir book where he has written in the margins all through it to correct mistakes made by the publisher. (this was confirmed by John Muir historic site for me) I have over 50,000 books and some are quite rare from 1800's to 2020's. I've been collecting books for over 50 years and now am a spry 80 and going strong. I try and get books out same day as order comes in and love it when someone writes that they's been looking for a book for years and finally found it with me!

Visit Seller's Storefront