This document provides an introduction to applying derivatives, including finding maximum and minimum values of functions. It discusses increasing and decreasing functions, using the derivative to determine if a function is increasing or decreasing, and the relationship between the sign of the derivative and the tangent line slope. Extreme and critical points are defined. Two theorems are presented for determining if a point is a maximum or minimum based on the behavior of the function and its derivative around that point. An example problem finds the intervals where a sample function is increasing and decreasing. The objectives are to understand these derivative applications and concepts.