If the independent variable denotes time, then denotes the rate of change of with respect to time. For applications in physics, economics, biology or engineering, the rate of change can very often depend on both as well perhaps as .
Newton’s Law of Cooling The rate of change of the temperature of an object is proportional to the difference between its temperature and the temperature of its surroundings.
Assuming is constant, we can express this via the differential equation:
where is a positive constant.