The equations of motion of the particles in a synchrotron in which the field gradient index n=−( r B ) ∂B ∂r varies along the equilibrium orbit are examined on the basis of the linear approximation. It is shown that if n alternates rapidly between large positive and large negative values, the stability of both radial and vertical oscillations can be greatly increased compared to conventional accelerators in which n is azimuthally constant and must lie between 0 and 1. Thus aperture requirements are reduced. For practical designs, the improvement is limited by the effects of constructional errors; these lead to resonance excitation of oscillations and consequent instability if 2 ν x or 2 ν z or ν x + ν z is integral, where ν x and ν z are the frequencies of horizontal and vertical betatron oscillations, measured in units of the frequency of revolution. The mechanism of phase stability is essentially the same as in a conventional synchrotron, but the radial amplitude of synchrotron oscillations is reduced substantially. Furthermore, at a “transition energy” E 1 ≈ ν x Mc 2 the stable and unstable equilibrium phases exchange roles, necessitating a jump in the phase of the radiofrequency accelerating voltage. Calculations indicate that the manner in which this jump is performed is not very critical.