This document summarizes a presentation on introducing algorithms and analyzing their performance. It defines an algorithm as a step-by-step procedure to solve a problem and transform inputs to outputs. There are two ways to analyze performance: space complexity and time complexity. Time complexity depends on the input size and running time of the algorithm. An example compares two algorithms for finding the maximum number in an array: one sorts the array in O(n^2) time while the other compares each element to the first in O(n) time. The conclusion states that analyzing an algorithm's resource usage is more important than just designing it.