Population dynamics is the type of mathematics used to model and study the size and age composition of populations as dynamical systems. Population dynamics is a branch of mathematical biology, and uses mathematical techniques such as differential equations to model behaviour. Population dynamics is also closely related to other mathematical biology fields such as epidemiology, and also uses techniques from evolutionary game theory in its modelling.

Population dynamics has traditionally been the dominant branch of mathematical biology, which has a history of more than 220 years, although over the last century the scope of mathematical biology has greatly expanded.^{[citation needed]}

The beginning of population dynamics is widely regarded as the work of Malthus, formulated as the Malthusian growth model. According to Malthus, assuming that the conditions (the environment) remain constant (ceteris paribus), a population will grow (or decline) exponentially. This principle provided the basis for the subsequent predictive theories, such as the demographic studies such as the work of Benjamin Gompertz and Pierre François Verhulst in the early 19th century, who refined and adjusted the Malthusian demographic model.

A more general model formulation was proposed by F. J. Richards in 1959, further expanded by Simon Hopkins, in which the models of Gompertz, Verhulst and also Ludwig von Bertalanffy are covered as special cases of the general formulation. The Lotka–Volterra predator-prey equations are another famous example, as well as the alternative Arditi–Ginzburg equations.

Simplified population models usually start with four key variables (four demographic processes) including death, birth, immigration, and emigration. Mathematical models used to calculate changes in population demographics and evolution hold the assumption of no external influence. Models can be more mathematically complex where "...several competing hypotheses are simultaneously confronted with the data." For example, in a closed system where immigration and emigration does not take place, the rate of change in the number of individuals in a population can be described as: $${\displaystyle {\mathrm {d} N \over \mathrm {d} t}=B-D=bN-dN=(b-d)N=rN,}$$ where N is the total number of individuals in the specific experimental population being studied, B is the number of births and D is the number of deaths per individual in a particular experiment or model. The algebraic symbols b, d and r stand for the rates of birth, death, and the rate of change per individual in the general population, the intrinsic rate of increase. This formula can be read as the rate of change in the population (dN/dt) is equal to births minus deaths (B − D).

Using these techniques, Malthus' population principle of growth was later transformed into a mathematical model known as the logistic equation: $${\displaystyle {\mathrm {d} N \over \mathrm {d} t}=rN\left(1-{N \over K}\right),}$$ where N is the population size, r is the intrinsic rate of natural increase, and K is the carrying capacity of the population. The formula can be read as follows: the rate of change in the population (dN/dt) is equal to growth (rN) that is limited by carrying capacity (1 − N/K). From these basic mathematical principles the discipline of population ecology expands into a field of investigation that queries the demographics of real populations and tests these results against the statistical models. The field of population ecology often uses data on life history and matrix algebra to develop projection matrices on fecundity and survivorship. This information is used for managing wildlife stocks and setting harvest quotas.

The rate at which a population increases in size if there are no density-dependent forces regulating the population is known as the intrinsic rate of increase. It is $${\displaystyle {\mathrm {d} N \over \mathrm {d} t}=rN}$$ where the derivative ${\displaystyle dN/dt}$ is the rate of increase of the population, N is the population size, and r is the intrinsic rate of increase. Thus r is the maximum theoretical rate of increase of a population per individual – that is, the maximum population growth rate. The concept is commonly used in insect population ecology or management to determine how environmental factors affect the rate at which pest populations increase. See also exponential population growth and logistic population growth.

Population dynamics overlap with another active area of research in mathematical biology: mathematical epidemiology, the study of infectious disease affecting populations. Various models of viral spread have been proposed and analysed, and provide important results that may be applied to health policy decisions.^{[citation needed]}