An introduction to some mathematical economic models which apply theory of differential equation in teaching for economics students at Ho Chi Minh City University of Technology and Education

Authors

  • Nguyen Quang Huy HCMC University of Technology and Education, Vietnam

Corressponding author's email:

huynq@hcmute.edu.vn

DOI:

https://doi.org/10.54644/jte.63.2021.42

Keywords:

differential equation, first-order linear differential equation, second-order linear differential equation, mathematical economics models, mathematical economics methods

Abstract

In this article, we synthesize some mathematical models which apply first-order and second-order differential equations. Moreover, we consider other economics models and construct some real economics systems which lead to differential equations. Besides solving the solutions, we evaluate the stability of the solutions of those equations. This is a necessary work. Thereby, this article can be used as a useful referential material for lecturers of mathematical economics and economics students at Ho Chi Minh City University of Technology and Education and other universities.

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References

Michael Sampson, An introduction to mathematical economics part 2, Loglinear Publishing, 2001.

Lê Đình Thúy, Toán cao cấp cho các nhà kinh tế, Phần II: Giải tích toán học, Nhà xuất bản Đại học Kinh tế Quốc dân, 2010.

Lê Quang Hoàng Nhân, Hoàng Đức Hải, Giáo trình Toán cao cấp (phần Giải tích), Nhà xuất bản Thống kê, 2008.

Alpha C. Chiang, Fundamental Methods of Mathematical Economics, Third edition, McGraw - Hill, Inc.

Nguyễn Hải Thanh, Các phương pháp Toán Kinh tế, Hà Nội, 2008.

Teresa Bradley, Paul Patton, Essential Mathematics for Economics and Business, Second Edition, John Wiley& Sons, LTD, 2002.

Mike Rosser, Basic mathematics for economists, Second Edition, Routledge, 2003. DOI: https://doi.org/10.4324/9780203422632

Published

29-04-2021

How to Cite

[1]
Nguyễn Quang Huy, “An introduction to some mathematical economic models which apply theory of differential equation in teaching for economics students at Ho Chi Minh City University of Technology and Education ”, JTE, vol. 16, no. 2, pp. 1–10, Apr. 2021.

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Section

Research Article

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