This lecture covers the fundamental concepts of magnetic circuits, focusing on inductance and the application of Maxwell's equations in quasi-static conditions. The instructor begins by discussing the importance of inductance in electromechanical conversion and its definition through Maxwell's equations. The lecture emphasizes the integral forms of these equations, particularly Ampère's law and Faraday's law, explaining how they relate to magnetic fields generated by currents and the induced voltages due to changing magnetic flux. The instructor introduces the concept of magnetic reluctance and permeability, detailing how these properties affect the behavior of magnetic circuits. The discussion includes practical examples, such as modeling inductors and transformers, and highlights the significance of magnetic coupling and the factors influencing inductance. The lecture concludes with a summary of key concepts, including the relationship between magnetic fields and materials, and the implications of saturation in magnetic circuits, providing a comprehensive understanding of the principles governing magnetic circuits in electrical engineering.