The document discusses the design of a practical ESR meter circuit that measures the equivalent series resistance of electrolytic capacitors. It begins by providing background on ESR and its importance in determining capacitor quality. The circuit uses an operational amplifier configured as an oscillator, amplifier, and comparator to measure capacitor ESR. The document provides details on the op-amp design and precision inverting amplifier circuit to explain how the ESR meter works and measures capacitor ESR without regard for other circuit components.