The integrated circuits offer a number of advantages over those made by interconnecting discrete components. These are summarized as follows Extremely small size—thousands times smaller than discrete circuit. It is because of fabrication of various circuit elements in a single chip of semi-conductor material Very small weight owing to miniaturized circuit Very low cost because of simultaneous production of hundreds of similar circuits on a small semiconductor wafer. Owing to mass production an IC costs as much as an individual transistor More reliable because of elimination of soldered joints and need for fewer inter-connections Low power consumption because of their smaller size Easy replacement as it is more economical to replace them than to repair them Increased operating speeds because of absence of parasitic capacitance effect Close matching of components and temperature coefficients because of bulk produc¬tion in batches ...