We consider the class of polynomial differential systems of the form
$\dot{x} =\,\lambda x\,-\,y\,+\,{{P}_{n}}\left( x,\,y \right)$
,
$\dot{y} =\,x\,+\,\lambda y\,+\,{{Q}_{n}}\left( x,\,y \right)$
where
${{P}_{n}}$
and
${{Q}_{n}}$
are homogeneous polynomials of degree
$n$
. For this class of differential systems we summarize the known results for the existence of limit cycles, and we provide new results for their nonexistence and existence.