Abstract
The exact solution of N=2 supersymmetric SU(N) Yang-Mills theory is studied in the framework of the Whitham hierarchies. The solution is identified with a homogeneous solution of a Whitham hierarchy. This integrable hierarchy (Whitham-Toda hierarchy) describes modulation of a quasiperiodic solution of the (generalized) Toda lattice hierarchy associated with the hyperelliptic curves over the quantum moduli space. The relation between the holomorphic pre-potential of the low energy effective action and the τ-function of the (generalized) Toda lattice hierarchy is also clarified.
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