>>11606837Basically, you have an integral and you want to find a function y(x) minimizing it. That equation is called the Euler-Lagrange equation.
Under certain (but rather general) conditions, the y function is a solution to the differential equation in OP's post.
Classical mechanics can be rewritten to be all about solving this kind of integral equations, and some deep results are much simpler to see in this form. Indeed the fancy L in the pic stand for Lagrangian, which is a term from physics.
There are also other applications in geometry, engineering, etc.