The phenomenon of production of emf in a conductor or circuit by a changing magnetic flux through the circuit is called electromagnetic induction.
Faraday’s laws of electromagnetic induction :
(1) First law ; Whenever there is a change in the magnetic flux associated with a circuit, an emf is induced in the circuit.
(2) Second law : The magnitude of the induced emf is directly proportional to the time rate of change of magnetic flux through the circuit.
