ABSTRACT:A master equation approach is used to study the relaxation of single polymer molecules. For relaxation close to equilibrium, a Fokker-Planck equation is derived via a Kramers-Moyal expansion. Far from equilibrium, two scenarios are studied: (i) an initial force that stretched the molecule to a certain length is suddenly released and the time evolution to the final force-free equilibrium is followed; and (ii) a force of a certain magnitude is suddenly applied to a molecule and the time evolution to the final equilibrium stretching at that force is followed. Initial transients, dominated by many time scales, are followed by a roughly exponential decay. Final approach to equilibrium is again exponential, but on a time scale many orders of magnitude slower.