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DYNAMIC OPTIMIZATION AND ECONOMIC DECISION-MAKING: A THEORETICAL AND ANALYTICAL PERSPECTIVE

Iskandarov Bekzod AbdijalilovichSenior lecturer of the department of "Economic Theory" Samarkand institute of economics and serviceAxmedov JasurStudent of Samarkand institute of economics and serviceKhabibullayev MukhriddinStudent of Samarkand institute of economics and service
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Abstract

This study examines the theoretical foundations and practical implications of dynamic optimization in economic decision-making. It emphasizes how intertemporal choices, constrained by evolving economic systems, shape rational behavior in both microeconomic and macroeconomic contexts. The analysis highlights the role of optimal control theory, the Hamiltonian framework, and stochastic extensions in explaining consumption smoothing, capital accumulation, and policy formulation.

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