ECON5150 – Mathematics 4: Dynamic optimization
Schedule, syllabus and examination date
Dynamic optimization, both deterministic and stochastic.
- To know a certain number of solution techniques within the fields mentioned above.
- To be able to apply these techniques in solving concrete problems.
- To understand, at least at an intuitive level, why these techniques work.
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Formal prerequisite knowledge
Bachelor's degree in Economics, or equivalent.
Recommended previous knowledge
ECON4140 – Mathematics 3: Differential Equations, Static and Dynamic Optimization / ECON4145. A working knowledge of elementary calculus, including integration, the elementary theory of differential equations, and the rudiments of probability theory.
Lectures: 2 hours per week throughout the semester.
Seminars: 2 hours per week through parts of the semester.
A 3-hour written school exam.
Examination support material
Resources allowed: Open book examination where all printed and written resources, in addition to calculator, are allowed.
Language of examination
The problem set will be given in English. Answers can be given in Norwegian, Swedish, Danish or in English. See § 5.4 in Regulations governing studies and examinations at the University of Oslo.
Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.
Explanations and appeals
Resit an examination
The Department of Economics has passed following resolution for ECON-courses: It will no longer be possible for candidates to register for an exam in a lower level course after having passed exams in intermediate and advanced level courses in the same subject area (also where there are no pre-requisites that apply to the intermediate course). Further information can be found here.
Students who might wish to retake the exam later, are not guaranteed that the course is ever repeated with a similar reading list, nor that the exam arrangement will be the same.
Withdrawal from an examination
It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.
Special examination arrangements
Application form, deadline and requirements for special examination arrangements.
This is an advanced course on ph.d level, but still open for master students.