In this work we consider the Colpitts oscillator as a paradigm for sinusoid
al oscillation and we investigate its nonlinear dynamics. In particular, we
carry out a two-parameter bifurcation analysis of a model of the oscillato
r. This analysis is conducted by combining numerical continuation technique
s and normal form theory. First, we show that the birth of the harmonic cyc
le is associated with a Hopf bifurcation and we discuss the effects of idea
lization in the model. Various families of limit cycles are identified and
their bifurcations are analyzed in detail. In particular, we demonstrate th
at the bifurcation diagram in the parameter space is organized by an infini
te family of homoclinic bifurcations. Finally, local and global coexistence
phenomena are described.