Place the equation into function notation. For example, the equation y = x^-2 becomes f (x) = x^-2.
Take the first derivative of the function. Applying the general power rule of derivatives f (x) = x^-2 becomes f ' (x) = -2* (x^-3). Note the apostrophe in the notation; it means "F prime of x" and signifies the function is a derivative.
Simplify the resulting derivative. In conclusion, f ' (x) = -2* (x^-3) is simplified as - (2 / x^3). This final function is the rate of change in the graph of the exponential function. It relates the rate at which the graph "flares" as it is followed along the x-axis.