Equations are entered in Minsky graphically. Mathematical operations like addition, multiplication and subtraction are performed by wiring the inputs up to the relevant mathematical block. The output of the block is then the result of the equation.
For example, a simple equation like
If you click on the equation tab, you will see that it is:
Very complex equations--including dynamic elements like integral blocks and Godley Tables--are designed by wiring up lots of components, with the output of one being the input of the next. See the tutorial for examples.