  We present a simple derivation of the stochastic equation obeyed by the
density function for a system of Langevin processes interacting via a pairwise
potential. The resulting equation is considerably different from the
phenomenological equations usually used to describe the dynamics of non
conserved (Model A) and conserved (Model B) particle systems. The major feature
is that the spatial white noise for this system appears not additively but
multiplicatively. This simply expresses the fact that the density cannot
fluctuate in regions devoid of particles. The steady state for the density
function may however still be recovered formally as a functional integral over
the coursed grained free energy of the system as in Models A and B.
