The course gives an introduction to stochastic control theory and applications in finance and economics. We start with an introduction that describes several control problems in finance. Next we cover the verification approach to stochastic control and we discuss viscosity solutions. The final part is devoted tocurrentresearch topics that depend to a certain extent on the interests of the audience. 

After this course students have gained

 familiarity witht heory and applications of control theory; 

the ability to address control problems arising in the context of, finance, economics or insurance; 

improved mathematical problem solving skills;

improved presentation skills 

NA

Slides, whiteboard lectures; problem solving in assignments: student presentations

Oral exam; assignments; paper presentation

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