In this paper, the analysis of transient performance of two-phase induction motor driven by a voltage source inverter with current limiter is described. The motor is represented by using a two-axis model, that is, the Kron primitive machine. The state equations of mechanical-electrical system are derived. The calculation method with a discrete point of time is employed in order to decrease the CPU time of computer. The calculated results gained from this method agree well with the measured. Then, with the aid of this analytical method, the discussions on transient performance of this system are also performed.