Journal of University of Chinese Academy of Sciences >
Several Differential Equation Models in Economic Systems
Received date: 2002-05-20
Revised date: 2002-07-15
Online published: 2003-05-10
Two classes of mathematical models are obtained.According to the number of commodities and their supply and demand the present paper constructs five differential equations and differential delay equation models.The Hopf bifurcation of one of the models is discussed.The conditions, under which the equilibrium is locally stable or Hopf bifurcation occurs, are given.
Key words： differential equation models; equilibrium; stability; Hopf bifurcation
LI Lin . Several Differential Equation Models in Economic Systems[J]. Journal of University of Chinese Academy of Sciences, 2003 , 20(3) : 273 -278 . DOI: 10.7523/j.issn.2095-6134.2003.3.002
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