Week 14-15: First order differential equations, Linear differential equation, Non- linear differential equation

Higher-Order Difference Equations: Second-Order Linear Difference Equations with Constant Coefficients and Constant Term, Distinct, Repeated and Complex Roots cases.Convergence and Schur Theorem. The Convergence of the Time Path.  Economic Applications, SamuelsonMultiplier-Acceleration Interaction Model.  Inflation and Unemployment in Discrete Time.  The Solution of Simultaneous Differential Equations.