On the Geometry of Moduli Space of Vacua in N=2 Supersymmetric Yang-Mills Theory

We consider generic properties of the moduli space of vacua in $N=2$ supersymmetric Yang--Mills theory recently studied by Seiberg and Witten. We find, on general grounds, Picard--Fuchs type of differential equations expressing the existence of a flat holomorphic connection, which for one parameter (i.e. for gauge group $G=SU(2)$), are second order equations. In the case of coupling to gravity (as in string theory), where also ``gravitational'' electric and magnetic monopoles are present, the electric--magnetic S duality, due to quantum corrections, does not seem any longer to be related to $Sl(2,\mathbb{Z})$ as for $N=4$ supersymmetric theory.