Basics of Exponential Growth

Understanding Exponential Growth


Exponential growth drives resource usage for a very simple reason:

Human population increases exponentially:

Now the representation of exponential growth as manifest by the rabbits is where a lot of unnecessary confusion comes into play when describing the population growth of humans. The term exponential growth does not immediately imply unbounded growth, and it is foolish to think otherwise. Period. In fact, virtually all mammalian populations grow according to a method called the logistic growth curve. The waveform of that kind of growth is shown below:

And exhibits the important feature that, as the population reaches its carrying capacity (K), the rate of growth decelerates.

Currently the rate of growth of the world's population is in the deceleration phase as evident by the following data:

Some important features of this waveform are the following:

The actual annual data can be found here.

Currently the world's population is growing at the rate of 1.18% per year, down significantly from the growth rate 30 years ago. But, small differences in growth rates make big differences in the ultimate population that appears as ultimately the exponential doubling time is what matters.

Future population predictions are difficult to make (and will be covered later in this course). It is more complicated that the simple approaches that produce these alternatives: