This paper investigates physics based equivalent circuits for spatial wavefunctions switched (SWS) field-effect transistors (FETs). This will lead to improved analog behavioral models (ABMs) for 2-bit/4-state logic gates, SRAMs, and registers. Model parameters related to 65 nm technology were used to simulate ID-VD characteristics, transconductance gm and channel conductance gD using Cadence. SWSFET physics based analytical equations were used to simulate using MATLAB SIMULINK and compare with Cadence simulations. Equivalent circuit utilizes different values of equivalent oxide thickness for the lower W2 and upper W1 quantum well channels. The methodology is similarly applicable to two-channel quantum dot FET. The methodology can be further extended to model and simulate multiple channel SWS-FET devices.