Dynamic optimisation is widely used in financial
economics, macroeconomics and resource economics.
This accounts for friction between the undergraduate and
graduate teaching of economics because most
undergraduate programmes still concentrate on static
economic analysis. This paper shows how, with the help of
the Microsoft Excel Solver tool, the principles of dynamic
economics can be taught to students with minimal
knowledge of calculus. As it is assumed that the reader has
no prior knowledge of optimal control theory, some
attention is paid to the main concepts of dynamic
optimisation.