In a first-order phase transition, two distinct global minima of the Landau free energy have equal values and exchange stability. The equilibrium order parameter jumps, and a first derivative of the equilibrium free energy is discontinuous. Depending on the direction through the phase diagram, that derivative can be magnetization, entropy or another conjugate quantity; a first-order transition need not have latent heat along every chosen path.
In a continuous phase transition, the equilibrium order parameter changes continuously while the curvature at the critical minimum vanishes. For and , is stable for , but for the stable minima have . The order parameter therefore goes continuously to zero at ; the inverse magnetic susceptibility vanishes there.
For , the sextic term stabilizes the Landau free energy. The nonzero minima can become favorable while still has positive curvature. At they coexist with , so the order parameter jumps to magnitude . Finding a stationary point alone does not locate the transition: equilibrium requires comparing the values of all competing minima. Spinodal boundaries describe loss of local stability, not coexistence.

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