The document discusses increasing and decreasing functions and the first derivative test. It defines that a function is increasing if the derivative is positive, decreasing if the derivative is negative, and constant if the derivative is zero. It provides examples of finding the intervals where a function is increasing or decreasing by identifying critical numbers and testing points in each interval. The document also summarizes the first derivative test, stating that a critical point is an extremum if the derivative changes sign there, and whether it is a maximum or minimum depends on if the derivative changes from negative to positive or positive to negative.