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The article shows the essence of mathematical modeling, its peculiarity as a method. Mathematical models in solving problems with economic content are presented.

This work investigates two physics-based models that simulate the non-linear partial differential algebraic equations describing an electric double layer supercapacitor. In one model the linear dependence between electrolyte concentration and conductivity is accounted for, while in the other model it is not. A spectral element method is used to discretise the model equations and it is found that the error convergence rate with respect to the number of elements is faster compared to a finite difference method. The increased accuracy of the spectral element approach means that, for a similar level of solution accuracy, the model simulation computing time is approximately 50% of that of the finite difference method. This suggests that the spectral element model could be used for control and state estimation purposes. For a typical supercapacitor charging profile, the numerical solutions from both models closely match experimental voltage and current data. However, when the electrolyte is dilute or where there is a long charging time, a noticeable difference between the numerical solutions of the two models is observed. Electrical impedance spectroscopy simulations show that the capacitance of the two models rapidly decreases when the frequency of the perturbation current exceeds an upper threshold.