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What do you mean by studying algorithms? An algorithm is simply some code that does something.
Knuth was awarded the 1974 Turing Award "for his major contributions to the analysis of algorithms […], and in particular for his contributions to the 'art of computer programming' through his well-known books in a continuous series by this title."[3] American Scientist has included this work among "100 or so Books that shaped a Century of Science", referring to the twentieth century,[4] and within the computer science community it is regarded as the first and still the best comprehensive treatment of its subject. Covers of the third edition of Volume 1 quote Bill Gates as saying, "If you think you're a really good programmer… read (Knuth's) Art of Computer Programming… You should definitely send me a résumé if you can read the whole thing."[5] The New York Times referred to it as "the profession's defining treatise".[6]