Part 1 of dynamic optimization deals with the preliminaries (continuous versus discrete time; differential equations versus difference equations). Part 2 covers dynamic optimization in discrete time using the Hamilton-Jacobi-Bellman approach and can be found here: ruclips.net/video/o3ai8iN5vcc/видео.html For the full playlist on Optimization for Economists, please see ruclips.net/p/PLHCd4G3qW92lp96KSCgby9gMPMDzL_p9_ For applications of dynamic optimization in macroeconomics, please see ruclips.net/p/PLHCd4G3qW92kRLjoJN32TNz5QyhftE83j Thank you for all the nice comments! I highly appreciate them.
Sehr geehrte Herr Prettner! Zur Zeit bin ich Student an der UniWien und habe einige Probleme mit Applied Microeconomics. Ich möchte Ihnen vielmals danken, weil Sie sehr sehr deutlich alle Materialen erzählen! In meiner Uni haben wir fast alle Mathematik, so es ist schwer zu verstehen. Noch mal danke Ihnen!
Perfect Video. With you, I believe teaching is a TALENT. Normally, no one should just wake up in the morning and decide just to teach people because they have the knowledges, but people need to be naturally be talented before standing infront of others to teach cause teaching is not only about what someone has learnt or what someone knows but it's also about if the one can transmit what the person has learnt in a very good, basic, comprehensive way and understandable to everyone. And this is what I felt after I'd watched this video. Thank you dear Teacher.
Professor Prettner, I already said that, but thank you so much for these lectures. It is amazing how these lectures fill exactly the gaps that makes me not understanding some more advanced concepts in macroeconomics. Greetings from a economics student from Brazil!
@@KlausPrettnersir can you please tell us which book to follow for solving numerical questions of different models of macro eco regarding dynamic optimisation Please suggest that book which have solved examples
@@YashSingh-fy9kt I think that a very useful book is the following Fehr and Kindermann (2018): “Introduction to Computational Economics using Fortran” Oxford University Press, 2018. which also has a solution manual that came out in 2020: “Solution Manual to Introduction to Computational Economics using Fortran” Another one is Heer and Maussner (2009): Dynamic General Equilibrium Modeling. Computational Methods and Applications Computational Methods and Applications
@@KlausPrettner sir can you please upload video of numerical on solow model , rck , olg in discrete and continuous time atleast one numerical is enough Please
Thank you so much for perfect video dr.prettner. it helps me a lot cuz advanced level course is scarce online. I really appreciate it. Can i have lecture slide please?
Thank you for your positive feedback that I appreciate. I am glad you find the lectures helpful. You can send me an email regarding which sets of slides you are interested in. I will hopefully be able to sort them out soon in a way that I can share them
Thank you very much! I am glad you find it helpful. You mean exercises to the lectures? In my classes I have them. But unfortunately not (yet?) recorded.
Part 1 of dynamic optimization deals with the preliminaries (continuous versus discrete time; differential equations versus difference equations). Part 2 covers dynamic optimization in discrete time using the Hamilton-Jacobi-Bellman approach and can be found here:
ruclips.net/video/o3ai8iN5vcc/видео.html
For the full playlist on Optimization for Economists, please see
ruclips.net/p/PLHCd4G3qW92lp96KSCgby9gMPMDzL_p9_
For applications of dynamic optimization in macroeconomics, please see
ruclips.net/p/PLHCd4G3qW92kRLjoJN32TNz5QyhftE83j
Thank you for all the nice comments! I highly appreciate them.
Sehr geehrte Herr Prettner! Zur Zeit bin ich Student an der UniWien und habe einige Probleme mit Applied Microeconomics. Ich möchte Ihnen vielmals danken, weil Sie sehr sehr deutlich alle Materialen erzählen! In meiner Uni haben wir fast alle Mathematik, so es ist schwer zu verstehen. Noch mal danke Ihnen!
Vielen Dank für das positive Feedback! Es freut mich sehr, dass die Materialien hilfreich sind. Alles Gute für das weitere Studium!
Perfect Video. With you, I believe teaching is a TALENT. Normally, no one should just wake up in the morning and decide just to teach people because they have the knowledges, but people need to be naturally be talented before standing infront of others to teach cause teaching is not only about what someone has learnt or what someone knows but it's also about if the one can transmit what the person has learnt in a very good, basic, comprehensive way and understandable to everyone. And this is what I felt after I'd watched this video. Thank you dear Teacher.
Thank you very much for your kind words and your encouraging feedback! This means a lot to me and I am very happy that you like my style of teaching.
Wow just discovered these treasures. Thanks a million Klaus for your generosity. You're saving the world one RUclips video at a time
Thank you very much for your kind feedback :)
Professor Prettner, I already said that, but thank you so much for these lectures. It is amazing how these lectures fill exactly the gaps that makes me not understanding some more advanced concepts in macroeconomics.
Greetings from a economics student from Brazil!
Thank you very much for your positive feedback! I appreciate it a lot and am glad that the lectures are helpful to you.
@@KlausPrettnersir can you please tell us which book to follow for solving numerical questions of different models of macro eco regarding dynamic optimisation
Please suggest that book which have solved examples
@@YashSingh-fy9kt I think that a very useful book is the following
Fehr and Kindermann (2018): “Introduction to Computational Economics using Fortran” Oxford University Press, 2018.
which also has a solution manual that came out in 2020:
“Solution Manual to Introduction to Computational Economics using Fortran”
Another one is
Heer and Maussner (2009): Dynamic General Equilibrium Modeling. Computational Methods and Applications
Computational Methods and Applications
@@KlausPrettner sir can you please upload video of numerical on solow model , rck , olg in discrete and continuous time atleast one numerical is enough
Please
Thank you so much for perfect video dr.prettner. it helps me a lot cuz advanced level course is scarce online. I really appreciate it. Can i have lecture slide please?
Thank you for your positive feedback that I appreciate. I am glad you find the lectures helpful. You can send me an email regarding which sets of slides you are interested in. I will hopefully be able to sort them out soon in a way that I can share them
@@KlausPrettner thank you:)
Excellent course. It was very helpful thank you !
Any suggestions for a short project based on this ?
Thank you very much! I am glad you find it helpful. You mean exercises to the lectures? In my classes I have them. But unfortunately not (yet?) recorded.
this was super helpful. thank you!!
Thank you! I am glad this was helpful.
thankyou so much sir
Can you please post the slides for all parts in this course?
The second part can be found here:
ruclips.net/video/o3ai8iN5vcc/видео.html
and the third part here:
ruclips.net/video/scFWpkdKKYc/видео.html
@@KlausPrettner Sorry, but I mean the slides as the PDFs that you use in the videos.. I would really love to have them!
@@Mari-ou5re I could send them by email if you want?
@@KlausPrettner Yes, please! thank you so much! I just sent an email to your address at University of Vienna.