1) 透過課程之設計與議題之討論，讓同學對於研究方法以及相關文獻能有更好的掌握；
2) 強調在應用生產經濟領域，動態調整理論 (Theory of Dynamic Adjustment) 的相關性與重要性；
3) 介紹 Dynamic Primal Approach(DPA) 的分析架構、其在生產經濟領域之應用、以及相關文獻；
4) 介紹 Dynamic Dual Approach(DDA) 的分析架構、其在生產經濟領域之應用、以及相關文獻；
5) 透過實際應用模型的介紹與操作，讓同學對於SAS的使用能夠輕鬆入門，並從中獲得第一手的實證研究經驗。

授課大綱 (Topical Outline)
I. Introduction
1.1 The basic elements of dynamic optimization problems
1.2 How to formulate a dynamic optimization problem
1.3 Specific examples of dynamic optimization
1.4 Dynamic production models and their applications in agriculture

Readings:
Section 1 in Kamien and Schwartz
Chapter 1 in Elements of Dynamic Optimization by A.C. Chiang

II. Dynamic Optimization Techniques
2.1 Calculus of variations
- An example of classical C.V. problem in resource management
- The Euler equation
- Interpretation of the Euler equation
- Variable end points and the transversality conditions
- Phase diagrammatic analysis
2.2 Optimal control
- An Optimal control problem of energy use and environmental quality
- The rationale of maximum principle
- Phase diagrammatic analysis
- Comparative statics and dynamics analysis for an optimal control problem
2.3 Dynamic programming
-the principle of optimality
-Value function and the theory of dynamic duality
-Adjustment costs and the dynamic production models
-Intertemporal Hotellings lemma and the econometric model

III. Specific Topics
3.1 Dynamic primal models and the applications
- Primal capacity utilization and applications to productivity measurement
- Structural models of dynamic factor demands
- Labor productivity in a dynamic adjustment cost model
3.2 Dynamic dual models and the applications
- Dual capacity utilization and applications to productivity measurement
- Labor productivity and the procyclical behavior
- Structural models of dynamic factor demands with nonstatic expectations
- Measurement of the rebound effect using dynamic household production models
- Modeling the learning mechanism in a dynamic dual model