Section 5.3: Differential Equations; Growth and Decay

Differential Equations

In general, a differential equation is an equation that involves an unknown function and one or more of its derivatives.

Slope Field

A slope field is a visual representation of a first-order differential equation.

y = 0.5

Exponential Growth Law

If dQ/dt = rQ and Q(0) = Q0, then Q = Q0ert.

where

Limited Growth

This describes a situation where the rate of growth is proportional to the difference between the amount present and a fixed limit M:

dy/dt = k(M - y)

with solution given by:

y = M(1 - e-kt)

Logistic Growth

This describes a situation where the rate of growth is proportional both to the amount present and to the difference between the amount present and a fixed limit M.

dy/dt = ky(M - y)

with solution given by:

y = M/(1 + ce-kMt)