APPLICATIONS OF DIFFERENCE EQUATION IN TEACHING ECONOMIC MODELS FOR ECONOMIC STUDENTS AT HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY AND EDUCATION

Quang Huy Nguyễn

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Abstract

 

 In this article, we synthesize, analyse, and evaluate several mathematical economics models which apply first order and second order difference equations. Moreover, we also expand some classical modes such as macroeconomic model and equilibrium market model. In addition, we evaluate the stability of those equations, which is necessary. This article can be used as a useful reference material for lecturers who teach mathematical economics and economics to students at
Ho Chi Minh City University of Technology and Education and other universities
.  

 

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References

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