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Properties of derivative expansion approximations to the renormalization group

Approximation only by derivative (or more generally momentum) expansions, combined with reparametrization invariance, turns the continuous renormalization group for quantum field theory into a set of partial differential equations which at fixed points become non-linear eigenvalue equations for the anomalous scaling dimension $η$. We review how these equations provide a powerful and robust means of discovering and approximating non-perturbative continuum limits. Gauge fields are briefly discussed. Particular emphasis is placed on the rôle of reparametrization invariance, and the convergence of the derivative expansion is addressed.