Unformatted text preview: notions of equilibrium, stability, growth and limit cycle will be introduced and discussed in terms of some classic examples in ecology, economics and competition. The course will also give an introduction to Catastrophe Theory, which provides a mathematical model for certain discontinuous phenomena like the crash of the stock market and the extinction of species. The course also introduces optimal control theory and its application to dynamic economic analysis, dynamic pricing and dynamic platform competition. Prerequisites: Math 103 Matrix Theory and Its Applications or equivalent....
View Full Document
- Spring '08
- Optimal Control Theory, Nonlinear Dynamic Systems, certain discontinuous phenomena, dynamic economic analysis