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Exercises From Differential Equations

This document contains 6 practice problems involving solving differential equations. The problems cover first order differential equations with constant coefficients and constant terms, two-sector economic models, market models, exponential growth models, and solving differential equations to find the general and specific solutions satisfying initial conditions. The questions ask students to find expressions for variables over time, determine stability, and use integration or substitution methods to solve the differential equations.

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m3hedii
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143 views

Exercises From Differential Equations

This document contains 6 practice problems involving solving differential equations. The problems cover first order differential equations with constant coefficients and constant terms, two-sector economic models, market models, exponential growth models, and solving differential equations to find the general and specific solutions satisfying initial conditions. The questions ask students to find expressions for variables over time, determine stability, and use integration or substitution methods to solve the differential equations.

Uploaded by

m3hedii
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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ECO244: Applied Mathematics – 2 Fall 2010

MORE PRACTICE PROBLEMS


Topic: Differential equation (First order with constant coefficient
and constant term)
Course Instructor: (HHn)

Q1. Use integration to solve each of the following differential equations


subject to the given initial
Conditions.
dy dy
a. = t 2 + 3t − 5 ; y (0) =1 b. = 2t ; y (0) = 7
dt dt

Q2. Solve the differential equation


dy
= −3 y + 180 , when the initial condition is y (0) = 40 .
dt

Q3. Consider the two-sector model

dY
= 0.5(C + I −Y )
dt
C = 0.7Y + 500
I = 0.2Y + 500

Find an expression for Y (t ) , when Y (0) =15000 . Is the system stable or


unstable?

Q4. Consider the market model

Qs = 3P −1
Q D = −2 P + 9
dP
= 0.5(Q D − QS )
dt

Find expressions for P (t ) , when P (0) =1 . Is the system stable or unstable?

Q5. A simple model of the growth of an economy is based on three


assumptions.
(1) Savings, S, are proportional to income, Y, so that S = αY , ( α > 0 )
dY
(2) Investment, I, is proportional to the rate of change of Y so that I = β (
dt
β > 0)
(3) Investment and savings are equal so that I = S
dY α
Use these assumptions to show that = Y . and hence write down a
dt β
formula for Y (t )
In terms of Y (0) .
Q6. Consider the differential equation

dy
= −2 y + 5e 3t
dt

(a) Find the complementary function.

(b) By substituting y = De 3t into this equation, find particular solution.

(c) Use your answers to parts (a) and (b) to write down the general solution
and hence find the
specific solution that satisfies the initial condition, y(0) = 7.

(d) Is the solution in part (c) stable or unstable?

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