This document defines and compares continuous and discrete time systems. Continuous time systems deal with continuous signals as inputs and outputs, while discrete time systems deal with discrete signals. The document discusses different types of interconnections between systems including series, parallel, and series-parallel. It also outlines several basic properties of systems including memory, invertibility, causality, stability, time-invariance, and linearity. Memoryless systems only depend on the current input, while causal systems can compute the output using only past and present inputs. Stable systems have bounded outputs for bounded inputs. Time-invariant systems behave the same over time and linear systems follow superposition.