
Integrated circuits are the basic component of modern microelectronics [microelectronics: technology dealing with the building of electronic circuits and devices using microchips (large numbers of extremely small integrated circuits) ]
You need to know about three types of integrated circuit that are important in controlling electronic systems. These are: monostable [monostable: (a circuit) having two states, one of which is stable. A monostable circuit needs to be pushed into the unstable state by a control input, and will jump back after a set time to the stable state - giving a single, timed output signal. ] and astable [astable: (a circuit) having two states, neither of which is stable. An astable circuit therefore oscillates between the two states, giving a constant on/off digital output. Used, for example, to make LEDs flash continuously. ] timer circuits, operational amplifiers, and counter circuits.
Integrated circuits are the basic component of microelectronics. ICs are complete, self-contained circuits, with dozens, hundreds or even thousands of separate components such as transistors, diodes, resistors and capacitors etched into a tiny silicon chip.
ICs have three big advantages over conventional circuits with discrete components:

A 14-pin dual-in-line integrated circuit
The chip inside an IC is usually packaged inside a piece of black plastic with tiny pins protruding to allow connections to the circuit. In ICs the pins are arranged in a 'dual-in-line' (DIL) configuration, or as a surface mount chip with either eight, 14 or 16 pins. The surface mount chip is much smaller and is designed for machines to build the circuits.

A Surface Mount package integrated circuit - far smaller than a finger-tip