Biologists counting butterflies, nurses timing a medical isotope, and economists tracking prices all ask the same question: how fast is this quantity changing RIGHT NOW? A model gives the quantity as a function of time, and the derivative of that function is the instantaneous rate of change. You already have every rule you need from the last unit. What this lesson adds is the habit of reading the answer: its sign (growing or shrinking), its size, and its units.
Population growth: the butterfly model
A population of butterflies is modelled by , where is the time in days. At there are butterflies. As grows, shrinks toward , so levels off near , the carrying capacity. To differentiate, write and use the chain rule, with .
| h | Secant slope from t = 5 to t = 5 + h (butterflies per day) |
|---|---|
| Derivative |
Decay and cooling
- Radioactive decay: a mg sample of an isotope with a half-life of days follows . Then . At the start mg/day; after one half-life mg/day. The rate halves when the amount halves, because is a constant multiple of .
- Newton's law of cooling: a drink at in a room follows , with in minutes. Then . At first it cools at ; after minutes, . The cooling slows as the drink approaches room temperature.
Periodic rates: daylight and tides
Sinusoidal models need the chain rule with radians. At a latitude like Toronto's, the hours of daylight on day of the year can be modelled by It is only a model: it runs from to hours, while Toronto's real day length runs from about 8 h 55 min at the December solstice to about 15 h 26 min at the June solstice. Then hours per day. The cosine is largest when (near the March equinox), where the model gives h/day, about minutes of extra daylight each day. Near the solstices the cosine is close to , so the day length barely changes from one day to the next.
Tides work the same way. If the water depth in a harbour is metres, hours after high tide, then The water falls fastest a quarter-period after high tide, at h, where m/h. That is the midpoint between high and low water, not the high or low point itself.
Prices, inflation, volume and flow
If is a price index, then means prices are rising (inflation) and means they are falling (deflation). The inflation rate is greatest where has a maximum, which (inside the time interval) is where and changes from positive to negative: an inflection point of the price graph. Economists usually quote inflation as a percentage, the relative rate . In the same way, if is the volume of water in a tank, is the rate of flow in or out, and if is a child's height, is the growth rate in centimetres per year.