Lahore School of Economics

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11th AIMS conference on Dynamical Systems, Differential Equations and Applications

Dr. Rehana Naz Associate Professor of Lahore School of Economics, organized a special session “Qualitative and Quantitative Techniques for Differential Equations arising in Economics, Finance and Natural Sciences” in 11th AIMS conference on “Dynamical Systems, Differential Equations and Applications” held in Orlando USA from July 1 to July 5, 2016. Mariano Torrisi (University of Catania, Italy); Celestin Wafo Soh ( Jackson State University, USA) and Imran Naeem (LUMS, Pakistan) were also part of organizing committee. Eminent mathematicians, physicists, statisticians and economists from all over the world attended this special session. The details of all papers presented in special session can be found here.

Dr. Naz has presented following two papers:

  1. Dynamic Optimization Problems in Economic Growth Theory: Current Value Hamiltonian and Current Value Lagrangian Techniques
  2. A current value Hamiltonian Approach for Discrete time Optimal Control Problems arising in Economic Growth Theory

Differential equations are mathematically studied from several different perspectives; this special session focused on the Qualitative and Quantitative techniques (including numerical methods) for ordinary differential equations, partial differential equations, fractional differential equations, difference equations, stochastic differential equations, integro-differential equations. The differential equations play a vital role in many disciplines from natural to social sciences. Most of physical laws in natural sciences are expressed in terms of differential equations. In this session we try to integrate analysis, models and methods in the scope of natural sciences as well as social sciences framework. The Economists study dynamical systems for sustainable Economic growth. Stochastic differential equations are the standard models for financial quantities important in financial market. Biologists (Epidemiologists) investigate the determinants of health-related states (including disease) using mathematical tools.

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posted by S A J Shirazi @ 10/06/2016 10:19:00 AM,

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