Differential equations are mathematical expressions that relate a function to its derivatives, with examples including dy/dx = y(x) and dy/dx = x*y(x). The first example, where the derivative of y equals y, has solutions like e^x, while the second, which involves multiplication by x, has solutions such as e^(x^2/2). Understanding these equations requires knowledge of calculus, and they can quickly become complex. For learning resources, introductory differential equations textbooks are recommended, particularly newer editions to avoid outdated notations. Differential equations have practical applications, such as modeling exponential growth and sinusoidal oscillators.