After successful completion of the course, students are able to analyse nonlinear dynamical systems: stability analysis of equilibria and cycles, bifurcation analysis, numerical calculations (of stable and unstable manifolds).

Theory of dynamical systems: differential equations and their numerical treatment; oscillatory behavior and bifurcations with applications in economics and operations research: Macro- and Microeconomic applications and applications in business administration.

The theory will be explained with a lot of examples.

The exam will be an oral exam.