Question: Solve the first 2 questions. Assignment-6 1. Solve the following difference equations and check the stability at the steady state. a) yt = yes1 b)

 Solve the first 2 questions. Assignment-6 1. Solve the following difference

Solve the first 2 questions.

equations and check the stability at the steady state. a) yt =

Assignment-6 1. Solve the following difference equations and check the stability at the steady state. a) yt = yes1 b) yt = yi-1 c) yt = yezid) yt = yt-1 -1.5 e) yt = yt-1 2. Solve the following differential equations and check the stability at the steady state. a) y=8y - 2y2 b) y=3y2 - 18y c) y=-y2 + 6y -5 d) y=y2 - 10y + 16 e) y=3-y - Iny f) y=ey - (y+ 2) 3. Cob-web model (Chiang 17.4) 4. Chiang Exercise 17.4 (1, 2,3) 5. Dowling 17.10, 17.11, 17.29 and 17.30

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