Week 3 & 4

Week 3: Economic Applications of Integrals – Finding Total Functions from Marginal Functions, Investment & Capital Formation, Present Value of Cash Flow. Present Value of a Perpetual Flow, Domar Growth Model.

Week 4: First Order Linear Differential Equations: Meaning and Definition; Homogenous & non-Homogenous Cases. Solution of First Order Linear Differential Equation with Constant Coefficient & Constant Term and its Verification

Download Files

ch-14-domar-growth-model.pdf (0.08 MB )

ch-15-first-order-differential-equation-with-constant-coefficent-and-constant-term-plust-variable-coefficent-and-variable-term.pdf (0.25 MB )