The question is not as simple as it seems.
First of all, how much memory does your instance use now? Maybe it worth leave it as it is?
Second, do you use Automatic Memory Management (AMM) or Automatic Shared Memory Management (ASMM)?
To check it out you shoud connect ot your instance as SYSDBA and say:
SQL> show parameter target
If memory_target is set to nonzero value, then you are using AMM. If memory_target is zero and sga_target is nonzero, then you are using ASMM. If both sga_target and memory_target are zero, then you are not using automatic management, which is unlikely.
Next, check wether you are using spfile
(https://stackoverflow.com/questions/12031587/how-to-check-whether-oracle-instance-is-started-using-pfile-or-spfile) and backup it.
Then for AMM
SQL> alter system set memory_target=1500M scope=spfile;
or for ASMM
SQL> alter system set sga_target=1200M scope=spfile;
SQL> alter system set sga_max_size=1200M scope=spfile;
and restart your instance.
If you are yousing pfile (not spfile), then just edit it with any text editor, set the values and restart the instance.
Beware! Oracle requires not less than 1GB of memory. If you set your memory_target too low, your instance won't start and you'll had to recreate your spfile.