Abstract

Part I. The static theory of policy: 1. A review of the static theory of policy 2. The algebraic structure of fixed objective problems 3. The algebraic structure of flexible objective problems 4. The dynamic policy problem: models and objectives 5. Controllability properties of dynamic policy models 6. Observability properties of dynamic policy models 7. The dynamic theory of stationarity objectives 8. The dynamic theory of path objectives 9. Policy design for path objectives 10. Rational expectations and the theory of policy Part III. Dynamic flexible objectives: on tracking points and paths: 11. Dynamic finite horizon flexible objective problems 12. Policy existence and uniqueness for infinite horizon flexible objective problems 13. Some stability issues in dynamic policy problems 14. Aftersight.

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