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Mathe III Lecture 6
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Mathe III Lecture 6. +. x. 2. t. (1/3) ln C. -1. First Order Linear Differential Equations. We found that:. Stability and Phase Diagrams. Stability and Phase Diagrams. unstable stationary point. stable stationary point. Stability and Phase Diagrams. stable stationary point.
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Mathe III Lecture 6
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Mathe III Lecture 6
+ x 2 t (1/3)lnC -1
Stability and Phase Diagrams unstable stationary point stable stationary point
Stability and Phase Diagrams stable stationary point unstable stationary point
We studied the stability of + - + Any price equilibrium is stable
The Solow model of growth k* is a unique stationary point, it is globally stable.
Second Order Differential Equations The simplest possible equation of this type is:
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