Electromagnetic induction
Electromagnetic induction is where a current is produced in a conductor through a changing magnetic flux.
[change] Magnetic flux
When a coil is introduced near a magnet (usually a bar magnet), then the magnetic lines of force passing through the coil is called magnetic flux. Magnetic flux is represented by the symbol
, therefore we can say that
= BAcos(a) and the resulting unit will be
, where T is the unit for magnetic field and
is the unit for area.
The changing magnetic flux generates an electromotive force (EMF). This force then pushes free electrons in a certain way, which in turn creates a current.
[change] Faraday's Law
Michael Faraday found that an electromotive force is generated when there is a change in magnetic flux in a conductor.
His laws state that:

where,
is the electromotive force, measured in volts;
is the change in magnetic flux, measured in webers;
is the change in time, measured in seconds.
In the case of a solenoid:

where,
N is the number of loops in the solenoid.
[change] Lenz's Law
The negative sign in both equation above is a result of Lenz's law, named after Heinrich Lenz. His law states that the electromotive force (EMF) produces a current that opposes the motion of the changing magnetic flux.