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The use of modelling in the learning of differential equations in an economics course.

  • Published In: Teaching Mathematics & its Applications, 2024, v. 43, n. 4. P. 372 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: Trigueros, María; Martínez-Planell, Rafael 3 of 3

Abstract

This study examines the experience of using an open-ended modelling problem to introduce economics students to the mathematical subject of differential equations. We show the potential of such an approach in motivating students whilst at the same time helping them construct a new differential equations Schema that is coordinated with their developing understanding of economics. In a classroom context of collaborative group work, general class discussions and carefully chosen homework exercises, students showed that they could develop an interest in the relation between mathematics, specifically differential equations, and economics, and 'discover' uses of mathematics that are new to them whilst modelling the economics problem of diffusion of an innovation. Students were able to anticipate important mathematical ideas, like the phase plane qualitative analysis of dynamical systems, on their own. This was accompanied by activities that formalized the mathematical aspects of the course as students developed them. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Teaching Mathematics & its Applications. 2024/12, Vol. 43, Issue 4, p372
  • Document Type:Article
  • Subject Area:Economics
  • Publication Date:2024
  • ISSN:0268-3679
  • DOI:10.1093/teamat/hrae013
  • Accession Number:183431595
  • Copyright Statement:Copyright of Teaching Mathematics & its Applications is the property of Oxford University Press / USA and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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