An inductor is coiled wire that stores electric energy in the form of magnetic energy and resists changes in the electric current flowing through it. If current is increasing, the inductor produces a voltage that slows the increase and, if current is decreasing, the magnetic energy in the coil opposes the decrease to keep the current flowing longer. In contrast to capacitors, inductors allow DC to pass easily but resist the flow of AC.

Circuits containing transistors are packaged into integrated circuit chips that allow encapsulating complex circuit designs (CPU, memory, I/O) for easier integration into electronic devices and machines.

A moving electric current produces a magnetic field proportional to the amount of current flow. This magnetic field can be made stronger by winding the wire into a coil and further enhanced if done around an iron containing (ferrous) core.

Ohm's law specifies the relationship between voltage (V), current (I), and resistance (R) in an electrical circuit: V = IR.

Resistors are used to limit voltage and/or current in a circuit and can have a fixed or variable resistance. Variable resistors (often called potentiometers or rheostats) are used when dynamic control over the voltage/current in a circuit is needed, for example, in a light dimmer or volume control.