"...Specifying orbits Main article: Orbital elements
Six parameters are required to specify an orbit about a body. For example, the 3 numbers which describe the body's initial position, and the 3 values which describe its velocity will describe a unique orbit that can be calculated forwards (or backwards). However, traditionally the parameters used are slightly different.
The traditionally used set of orbital elements is called the set of Keplerian elements, after Johannes Kepler and his laws. The Keplerian elements are six:
Inclination (i)
Longitude of the ascending node (Ω)
Argument of periapsis (ω)
Eccentricity (e)
Semimajor axis (a)
Mean anomaly at epoch (M0)
In principle once the orbital elements are known for a body, its position can be calculated forward and backwards indefinitely in time. However, in practice, orbits are affected or perturbed, by other forces than simple gravity from an assumed point source (see the next section), and thus the orbital elements change over time. ...."
http://en.wikipedia.org/wiki/Orbit
Mathematical equation just don't paste into YA, so you'll actually have to open the links. There's a section above the one quoted in the same Wikipedia article with mathematical equations.
"...Orbit prediction Under ideal conditions of a perfectly spherical central body, and zero perturbations, all orbital elements, with the exception of the Mean anomaly are constants, and Mean anomaly changes linearly with time, scaled by the Mean motion, .[2] Hence if at any instant the orbital parameters are , then the elements at time is given by
[edit] Perturbations and elemental variance Unperturbed, two-body, Newtonian orbits are always conic sections, so the Keplerian elements define an ellipse, parabola, or hyperbola. Real orbits have perturbations, so a given set of Keplerian elements accurately describes an orbit only at the epoch. Evolution of the orbital elements takes place due to the gravitational pull of bodies other than the primary, the nonsphericity of the primary, atmospheric drag, relativistic effects, radiation pressure, electromagnetic forces, and so on.
Keplerian elements can often be used to produce useful predictions at times near the epoch. Alternatively, real trajectories can be modeled as a sequence of Keplerian orbits that osculate ("kiss" or touch) the real trajectory. They can also be described by the so-called planetary equations, differential equations which come in different forms developed by Lagrange, Gauss, Delaunay, Poincaré, or Hill. ..."
http://en.wikipedia.org/wiki/Orbital_elements
This article gives the mathematical equations. Good luck in understanding it. It really does help in understanding the equations if you've taken at least THREE semesters of calculus.