While waiting for the OP, I did this on a 5 year old 11" MBA, the first generation of the 11", which has the minimum 2GB RAM and 64GB SSD. Far less than the current systems, but note that we've been using it for five years productively. Note also that it is running El Capitan, the next OS, not even Yosemite.
I launched Scrivener and Pages on documents, started iTunes, and Safari on this website. No Skype on this system. Then I ran Activity Monitor, went to the memory tab and made a screen shot:
View attachment 575311 Yes, there is memory pressure, but I'm not out of memory even on this 2GB system. The new compression feature started with Yosemite really helps.
Ok here is my screenshot. I have no idea what any of this is but maybe you can help lol. I sorted by most memory being used. What are all those google chrome helpers? And I'm using chrome only because safari kept being stupid and chrome seemed to work the best. I had a couple tabs open in chrome and pages open when I took the screen shot.