DescriptionElectricity and magnetism were considered separate and unrelated phenomena for a long time. In the early decades of the nineteenth century, experiments on electric current by Oersted, Ampere and a few others established the fact that electricity and magnetism are inter-related. Theyfound that moving electric charges produce magnetic fields. For example, an electric current deflects a magnetic compass needle placed in its vicinity. This naturally raises the questions like: Is the converse effect possible? Can moving magnets produce electric currents? Does the nature permit such a relation between electricity and magnetism? The answer is resounding yes! The experiments of Michael Faraday in England andJoseph Henry in USA, conducted around 1830, demonstrated conclusively that electric currents were induced in closed coils when subjected to changing magnetic fields. In this chapter, we will study the phenomena associated with changing magnetic fields and understand the underlying principles. The phenomenon in which electric current is generated by varying magnetic fields is appropriately called electromagnetic induction. When Faraday first made public his discovery that relative motion between a bar magnet and a wire loop produced a small current in thelatter, he was asked, What is the use of it? His reply was: What is the use of a new born baby? The phenomenon of electromagnetic inductionis not merely of theoretical or academic interest but also of practical utility. Imagine a world where there is no electricity no electric lights, no trains, no telephones and no personal computers. The pioneering experiments of Faraday and Henry have led directly to the developmentof modern day generators and transformers. Todays civilisation owes its progress to a great extent to the discovery of electromagnetic induction.