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Euler's Method is a fundamental technique for approximating solutions to first-order Ordinary Differential Equations (ODEs). It provides a systematic approach to estimate values of dependent variables using known initial conditions and derivatives, though its accuracy is influenced by the chosen step size. This method serves as a building block for more advanced numerical techniques.
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Term: Euler’s Method
Definition: A numerical technique for approximating solutions to first-order ODEs using initial conditions and slope estimates.
Term: Local Truncation Error (LTE)
Definition: The error made in a single step of the method, proportional to the square of the step size (h^2).
Term: Global Truncation Error (GTE)
Definition: The cumulative error after multiple steps, proportional to the step size (h).