I create tool to compare different programs for solving of differential equations.
And i need some example of the system of differential equations that is model of some economics process.
In other words i need economics problem that can be modeled with system of differential equations.
What economics problem can be used?
Jul 3rd 2008, 06:21 AM
Search for "Black-Scholes" and you will discover an endless supply of economic examples.
Jul 6th 2008, 09:30 PM
Thanks. This model is interest.
Maybe there is some another model where system of ODEs is used?