This document discusses complexity analysis of algorithms. It explains that complexity analysis determines the time and space requirements of algorithms using Big-O notation. The time complexity, or running time, of an algorithm is analyzed based on its worst-case performance as the input size increases. Common time complexities include O(1), O(log n), O(n), O(n log n), O(n^2), and O(n^3). Space complexity refers to the memory usage of an algorithm. Asymptotic analysis using Big-O notation allows algorithms to be compared and classified based on their growth rates.