A sequence of exact algorithms to solve the Vertex Cover and Maximum Independent Set problems have been proposed recently in the literature. All these algorithms appeal to a very conservative analysis that considers the size of the search tree, under a worst-case scenario, to derive an upper bound on the running time of the algorithm. In this talk we will propose a different approach to analyze the size of the search tree. We use amortized analysis to show how simple algorithms, if analyzed properly, may perform much better than the upper bounds on their running time derived by considering only a worst-case scenario. This approach allows us to present a simple algorithm of running time O(1.194k + kn) for the parameterized Vertex Cover problem on degree-3 graphs, and a simple algorithm of running time O(1.1254n) for the Maximum Independent Set problem on degree-3 graphs. Both algorithms improve the previous best algorithms for the problems.