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Systems of Inhomogenous Differential Equations, the Use of EXCEL, and an Application

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Part of the book series: Operations Research Proceedings ((ORP,volume 1997))

Abstract

The solution to systems of differential equations is almost immediate by using one of the numerous available commercial computer programs. The purpose of this paper is to present an elementary analytical method for solving systems of linear first-order ordinary differential equations with constant coefficients in the presence of inhomogeneous terms, that will be suitable to create phase diagrams by EXCEL. A phase diagram of a dynamic system contains the steady-state, one path depending on an initial point, and — if available — stable or unstable arms (linear paths, which go through the steady-state). Additionally, arrows represent the directions of motion for four different regions. Furthermore, we affect the fineness of plotting points by variation of a scale, i.e. the graph can show a continuous path or the speed of motion.

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References

  1. Karmann, Alexander: Mathematik für Wirtschaftswissenschaftler: problemorientierte Einführung, unter Mitarbeit von Thomas Käahler. 2nd Edition Oldenbourg: München, 1997.

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  2. Pikoulakis, E.V.: A “Market Clearing” Model of the International Business Cycle That Explains the 1980s. Dartmouth College, Hanover, NH, Working Paper 96-14, July 1996; Revised: Dunedin, NZ, June 1997 (mimeo).

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© 1998 Springer-Verlag Berlin Heidelberg

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Kähler, T. (1998). Systems of Inhomogenous Differential Equations, the Use of EXCEL, and an Application. In: Operations Research Proceedings 1997. Operations Research Proceedings, vol 1997. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-58891-4_38

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  • DOI: https://doi.org/10.1007/978-3-642-58891-4_38

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-64240-4

  • Online ISBN: 978-3-642-58891-4

  • eBook Packages: Springer Book Archive

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