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Exponential Function

Definition

Functions f(x)=abxf(x)=ab^x are called exponential functions, where b>0b>0 is known as the base of the exponential function. One of the most important exponential functions is the natural exponential function f ⁣:R→Rf\colon \mathbb{R}\to \mathbb{R} with f(x)=ex=exp⁡(x)f(x)=\mathrm{e}^x=\exp(x) using exponentiation with a fixed positive base and a varying exponent; its base is Euler's number e.\mathrm{e}\text{.}


Interpretation

Exponential functions model processes where growth or decay is proportional to the current value. For f(x)=abxf(x)=ab^x, increasing xx by 11 multiplies the value by bb, since f(x+1)=b f(x)f(x+1)=b\,f(x): equal steps in xx give equal factors, not equal increments.

The increasing curve y = 2 to the x and the decreasing curve y = (1/2) to the x, both passing through the point (0, 1) and approaching 0 on one side.

Both curves pass through (0,1)(0,1) because b0=1b^0=1 for every base. The curve y=2xy=2^x doubles with each unit step to the right, through 22, 44 and 88 at x=1,2,3x=1,2,3, and approaches 00 far to the left. The curve y=(12)x=2−xy=\left(\tfrac{1}{2}\right)^x=2^{-x} is its mirror image in the yy-axis. Neither curve meets the xx-axis, because bx>0b^x>0 for all xx.

The base must be positive for bxb^x to be defined for every real xx: (−2)1/2(-2)^{1/2} is not a real number. A base b>1b>1 gives growth, 0<b<10<b<1 decay and b=1b=1 a constant; the factor a=f(0)a=f(0) is the starting value and fixes the sign. For b≠1b\neq1 the logarithm with base bb is the inverse of bxb^x, and bx=exln⁡bb^x=\mathrm{e}^{x\ln b}, so every exponential function is a rescaled version of ex\mathrm{e}^x.

A common slip is to confuse 2x2^x, where the exponent varies, with the power function x2x^2, where the base varies. The exponential eventually wins: 2x>x22^x>x^2 for all x>4x>4, although 23=8<9=322^3=8<9=3^2.


Key Results

  • The exponential function bxb^x is always positive; a scaled exponential function abxab^x therefore has the sign of a.a\text{.}
  • The exponential function is continuous and differentiable everywhere.
  • The natural exponential function is its own derivative.

Examples

  • f(x)=2xf(x)=2^x describes exponential growth.
  • f(x)=e−xf(x)=\mathrm{e}^{-x} describes exponential decay.

Prerequisites

Sources

Aliases: natural exponential function, exp Symbols: real numbers

Last updated: 20 October 2026 03:02