This law states that the electromotive force (EMF, \(\mathcal{E}\)) induced in any closed circuit is equal to the negative of the time rate of change of the magnetic flux (\(\Phi_B\)) through the circuit. The mathematical expression is \(\mathcal{E} = -\frac{d\Phi_B}{dt}\). This principle is the basis for electric generators, transformers, and inductors, describing the macroscopic effect of induction.
