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This lecture covers the principles of circuits with inductors and capacitors, focusing on LC oscillators and filters. It explains how alternating current is produced using inductors and capacitors, the role of inductance and capacitance in storing energy, and the creation of EM waves. The lecture also delves into the resonance phenomenon in LC circuits, driven oscillations, energy losses, and the properties of resistors in series and parallel. Additionally, it discusses Kirchhoff's laws, the concept of resistance, and the behavior of circuits with external energy sources.