Dynamic Programming in Economics

This book is an outgrowth of a course intended for students in the first year PhD program and for researchers in macroeconomics dynamics. It can be used by students and researchers in mathematics as well as in economics. The purpose of this book is twofold: to provide a rigorous, but not too complicated, treatment of optimal growth models in infinite discrete time horizon; and to train the reader to use optimal growth models and hence to help him to go further in his research.