The document discusses transformers, which transfer electrical energy between two AC circuits by electromagnetic induction. Transformers reduce or increase voltage levels for transmission and use. They work by inducing voltage in a secondary winding through a changing magnetic flux produced by a primary winding. No direct electrical contact exists between windings. Transformers cannot operate on DC, as DC flux is constant rather than alternating. Core and shell types differ in winding and core arrangements. Transformers are used to change voltage levels for power transmission and distribution and for measurement applications.