Population models are mathematical representations that simulate changes in population size over time. They rely on various factors such as birth rates, death rates, immigration, emigration, etc., to predict population dynamics.
A logistic growth model is another type of population model that considers limiting factors such as carrying capacity to predict the growth pattern more realistically.
Steady-State Solution: In population models, steady-state solutions refer to stable equilibrium points where the population size remains constant over time due to balance between birth rates and death rates.