Programme Code : MEC
Course Code : MEC-003
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Year : 2012 Views: 880 Submitted By : Ravi On 26th October, 2012

Do you have solution for this Question. If yes    I aslo want solution.

Q.


How do you use differential equations in economics? What type of situations can be helpfully depicted using differential equations? Discuss the role of initial condition in solving a differential equation. If your objective is to examine the stability of equilibrium, with the help of an example, show how a second-order differential equation helps in addressing your concern.


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