The simplest model of three coupled Bose-Einstein condensates is investigat
ed using a group theoretical method. The stationary solutions are determine
d using the SU(3) group under the mean-field approximation. This semiclassi
cal analysis, using system symmetries, shows a transition in the dynamics o
f the system from self trapping to delocalization at a critical value for t
he coupling between the condensates. The global dynamics are investigated b
y examination of the stable points, and our analysis shows that the structu
re of the stable points depends on the ratio of the condensate coupling to
the particle-particle interaction, and undergoes bifurcations as this ratio
is varied. This semiclassical model is compared to a full quantum treatmen
t, which also displays a dynamical transition. The quantum case has collaps
e and revival sequences superimposed on the semiclassical dynamics, reflect
ing the underlying discreteness of the spectrum. Nonzero circular current s
tates are also demonstrated as one of the higher-dimensional effects displa
yed in this system.