In this talk I introduce the critical behavior occurring at the extremal li
mit of black holes. The extremal limit of black holes is a critical point a
nd a phase transition takes place from the extremal black holes to their no
nextremal counterparts. Some critical exponents satisfying the scaling laws
are obtained. From the scaling laws we introduce the concept of the effect
ive dimension of black holes and discuss the relationship between the criti
cal behavior and the statistical interpretation of black hole entropy.