This section of the course contains foundational models for dynamic economic modeling. Most are single agent problems that take the activities of other agents as given. Later we will look at full equilibrium problems.
- Shortest Paths
- Job Search I: The McCall Search Model
- Job Search II: Search and Separation
- Optimal Savings I: The Permanent Income Model
- Optimal Savings II: LQ Techniques
- Consumption and Tax Smoothing with Complete and Incomplete Markets