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Exponential functions model quantities that grow or decay at rates proportional to their current size. Their derivatives are central in calculus because they connect a function's value directly to its instantaneous rate of change. The most important exponential function is y = e^x, since its slope at every point equals its height.

This special property makes e the natural base for growth, decay, finance, biology, physics, and differential equations.

For a general exponential function y = a^x, the derivative includes a scaling factor ln(a), so d/dx(a^x) = a^x ln(a). When the exponent is itself a function, the chain rule multiplies by the derivative of the exponent, giving d/dx(e^{u}) = e^{u}u'. These formulas explain why tangent lines on the graph of e^x get steeper as x increases.

They also show that exponential rates are not constant, but change in proportion to the current value.

Key Facts

  • d/dx(e^x) = e^x
  • d/dx(a^x) = a^x ln(a), for a > 0 and a != 1
  • d/dx(e^{u(x)}) = e^{u(x)}u'(x)
  • d/dx(a^{u(x)}) = a^{u(x)} ln(a) u'(x)
  • The slope of y = e^x at x = c is e^c.
  • For y = Ce^{kx}, the derivative is dy/dx = kCe^{kx} = ky.

Vocabulary

Exponential function
A function in which the variable appears in the exponent, such as f(x) = a^x with a positive base a.
Natural exponential function
The function f(x) = e^x, whose derivative is exactly itself.
Derivative
The instantaneous rate of change of a function, represented by the slope of its tangent line.
Natural logarithm
The logarithm with base e, written ln(x), which appears in the derivative of a^x.
Chain rule
A rule for differentiating composite functions by multiplying the derivative of the outside function by the derivative of the inside function.

Common Mistakes to Avoid

  • Writing d/dx(a^x) = a^x is wrong because only the base e has this exact derivative.
  • Forgetting the factor ln(a) in d/dx(a^x) is wrong because changing the base changes the growth rate scale.
  • Dropping the chain rule factor in d/dx(e^{u(x)}) is wrong because the exponent may be changing faster or slower than x.
  • Treating exponential functions like power functions is wrong because d/dx(x^n) = nx^{n-1} does not apply when x is in the exponent.

Practice Questions

  1. 1 Find the derivative of f(x) = 7e^x at x = 2. Give your answer exactly.
  2. 2 Find dy/dx for y = 3^{2x - 5}.
  3. 3 Explain why the tangent slope of y = e^x increases as x increases, and connect your explanation to the derivative formula.