In physics and engineering, the time constant
usually denoted by the Greek letter τ, (tau),
characterizes the frequency response of a first-order, linear time-invariant (LTI) system. Examples include electrical RC
circuits and RL circuits. It is also used to characterize the frequency response of
various signal processing systems – magnetic
tapes, radio transmitters and receivers,
record cutting and replay equipment, and digital filters – which can be modelled or
approximated by first-order LTI systems.
Other examples include time constant used in control systems for integral and
derivative action controllers, which are often pneumatic, rather than electrical.
Physically, the time constant represents the time it takes the system's step response
to reach approximately 63% of its final (asymptotic) value, ie about 37% below its final value.
Differential equation
First order LTI systems are characterized by the differential equation

where
represents the
exponential decay constant and V is a function of time t

The time constant is related to the exponential decay constant by

General Solution
The general solution to the differential equation is

where

is the initial value of V.
Control Engineering
The diagram below depicts the exponential function y =
Aeat in the specific case where a < 0,
otherwise referred to as a "decaying" exponential function:

Suppose

then

The term τ (tau) is referred to as the "time constant" and can be used (as in this case) to indicate
how rapidly an exponential function decays.
Where:
- t = time (generally always t > 0 in control engineering)
- A = initial value (see "specific cases" below).
Specific cases
- 1). Let t = 0, hence y =
Ae0, and so y = A
- 2). Let t = τ, hence y = Ae -
1, ≈ 0.37A
- 3). Let
, and so 
- 4). Let t = 5τ, hence y = Ae -
5, ≈ 0.0067A
After a period of one time constant the function reaches e-1 = approximately 37% of its initial value. In case 4,
after five time constants the function reaches a value less than 1% of its original. In most cases this 1% threshold is
considered sufficient to assume that the function has decayed to zero - Hence in control engineering a stable system is mostly
assumed to have settled after five time constants as a rule of thumb.
Examples of time constants
Time constants in electrical circuits
In an RL circuit, the time constant τ (in
seconds) is

where R is the resistance (in ohms) and L is the inductance (in henries).
Similarly, in an RC circuit, the time constant τ (in
seconds) is:

where R is the resistance (in ohms) and C is the capacitance (in
farads).
Thermal time constant
See discussion page.
Time constants in neurobiology
In an action potential (or even in a passive spread of signal) in a neuron, the time constant τ is

where rm is the resistance across the membrane and cm is the capacitance of the membrane.
The resistance across the membrane is a function of the number of open ion channels and
the capacitance is a function of the properties of the lipid bilayer.
The time constant is used to describe the rise and fall of the action potential,
where the rise is described by

and the fall is described by

Where voltage is in millivolts, time is in seconds, and τ
is in seconds.
Vmax is defined as the maximum voltage attained in the action potential, where

where rm is the resistance across the membrane and I is the current flow.
Setting for t = τ for the rise sets V(t) equal to
0.63Vmax. This means that the time constant is the time elapsed after 63% of Vmax has been
reached.
Setting for t = τ for the fall sets V(t) equal to
0.37Vmax, meaning that the time constant is the time elapsed after it has fallen to 37% of
Vmax.
The larger a time constant is, the slower the rise or fall of the potential of neuron. A long time constant can result in
temporal summation, or the algebraic summation of repeated potentials.
Radioactive half-life
The half-life THL of a radioactive isotope is related to the exponential time constant τ
by

See also
External links
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