An initial value problem (IVP) involves solving a differential equation with a given initial condition. This means the solution is subject to a specific starting point, allowing it to be uniquely defined.
In the given exercise, we tackle an IVP with the initial condition \( y(0)=2 \), where the function \( y \) is defined at \( t=0 \). Initial value problems are essential in many scientific and engineering fields because they reflect scenarios where a process begins from a known state.
- IVPs are solved through integrating the differential equation while respecting the initial conditions.
- This approach helps ensure the solution curve passes through the known point \( y(0)=2 \) at \( t=0 \).
- In practical terms, they model situations like starting at a specific time or initial population size.
Utilizing numerical methods is often practical for solving IVPs, especially when analytical solutions are hard to derive due to complexity. Euler's Method, as used here, facilitates handling these problems, albeit with some approximation.