A real exponential signal is
is the amplitude (the value at ). The new parameter is the time constant, with units of seconds. It controls how fast the exponential decays: at the signal has dropped to ; at to . Smaller means faster decay.
Geometric meaning of
Draw the tangent line to at . That tangent crosses zero at . So if you have a plot and want a quick visual estimate of the time constant, sketch the initial tangent and read off where it hits the axis.
Why this signal is everywhere
The voltage across a charging capacitor in an RC circuit, the current decay in an inductor, the response of any first-order system, the temperature of a cooling object — all are real exponentials (or oscillating exponentials, which are complex sinusoids). The reason is that is the unique function (up to scaling) whose derivative is proportional to itself, so any system governed by a first-order linear differential equation has exponential solutions.
The convolution of the unit step with an impulse response gives the canonical RC step response .
Growing exponentials
With , grows without bound. Physically this usually signals trouble — an unstable amplifier or a runaway feedback loop. Mathematically we still have to handle growing signals: their Fourier transforms don’t exist (the integral diverges), but the Laplace transform handles them cleanly by allowing complex frequencies whose real part can compensate for the growth.
A growing exponential’s pole sits in the right half of the s-plane; a decaying one sits in the left half. The position of the pole encodes everything about the signal’s growth or decay rate.