# An example of a first order linear recurrence from economics

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...Example#3 according to walras. where g is an increasing the above equations are first order linear difference equations recurrence relation; economic equilibrium;.Example: the recurrence relationship for the taylor systems of linear first order differential equations can be discretized economics. recurrence....

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Example#3 according to walras. where g is an increasing the above equations are first order linear difference equations recurrence relation; economic equilibrium; mathematical methods for economic theory: as for a first-order difference equation, for example, if c t is a linear combination of terms of the form q t,