The document discusses multiplexers and demultiplexers. It defines them as combinational circuits: multiplexers have multiple inputs but a single output, while demultiplexers have a single input but multiple outputs. It provides an example of how they work by taking multiple signals and transmitting them through a single channel. The document also lists some common uses of multiplexers, such as in telephone networking and computer memory, and uses of demultiplexers such as in communication systems and storing ALU outputs in registers.