The equation work_c = -δu defines the work done by conservative forces in relation to the change in potential energy, where 'work_c' represents the work done by a conservative force and 'δu' represents the change in potential energy. This relationship highlights how conservative forces, like gravity and spring forces, store energy as potential energy that can be converted back into kinetic energy. This equation emphasizes the principle of conservation of mechanical energy, indicating that the total mechanical energy remains constant in a closed system when only conservative forces are doing work.