Optimal control in a macroeconomic problem |
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| Authors: | V K Bulgakov G L Shatov |
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| Institution: | (1) Far East State University of Communication Means, ul. Serysheva 47, Khabarovsk, 680056, Russia |
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| Abstract: | The Pontryagin maximum principle is used to develop an original algorithm for finding an optimal control in a macroeconomic problem. Numerical results are presented for the optimal control and optimal trajectory of the development of a regional economic system. For an optimal control satisfying a certain constraint, an invariant of a macroeconomic system is derived. |
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| Keywords: | macroeconomic problems optimal control method numerical solution method |
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