The behavior of an aggregate of neurons is followed by means of a populatio
n equation which describes the probability density of neurons as a function
of membrane potential. The model is based on integrate-and-fire membrane d
ynamics and a synaptic dynamics which produce a fixed potential jump in res
ponse to stimulation. In spite of the simplicity of the model, it gives ris
e to a rich variety of behaviors. Here only the equilibrium problem is cons
idered in detail. Expressions for the population density and ring rate over
a range of parameters are obtained and compared with like forms obtained f
rom the diffusion approximation. The introduction of the jump response to s
timulation produces a delay term in the equations, which in turn leads to a
nalytical challenges. A variety of asymptotic techniques render the problem
solvable. The asymptotic results show excellent agreement with direct nume
rical simulations.