This document discusses electromagnetic principles and magnetic circuits. It begins by defining magnets and magnetic fields, including magnetic lines of force and flux. It then discusses electromagnetic relationships such as magnetic flux, reluctance, permeability and hysteresis. It describes different types of magnetic circuits including simple, composite and parallel circuits. It also covers electromagnetic induction, including Faraday's and Lenz's laws. Induced emf can be dynamically or statically induced. Core losses from hysteresis and eddy currents are also summarized.