This document discusses magnetic circuits containing permanent magnets. It defines a magnetic circuit as a closed path traced by magnetic lines of force or flux. Circuits containing permanent magnets that generate magnetic flux in a closed path are the topic. These circuits can be analyzed using Ampere's Circuital Law, where the magnetic flux through any closed surface is zero. Reluctance, which is the opposition to magnetic flux in a circuit, is introduced and explained for parts made of soft iron and air gaps.