

This is one of the most accurate and simplest LC inductance / capacitance Meters that one can find, yet one that you can easily build yourself. This LC Meter allows to measure incredibly small inductances starting from 10nH to 1000nH, 1uH to 1000uH, 1mH to 100mH and capacitance from 0.1pF up to 900nF. LC Meter’s circuit uses an auto ranging system so that way you do not need to spend time selecting ranges manually. Another neat function is reset switch that will reset the initial inductance / capacitance, making sure that the final readings of the LC Meter are as accurate as possible. 
Special Edition Accurate LC Meter Kit
Special Edition LC Meter Kit includes top notch high precision components that are only found in premium quality kits. It includes high quality doublesided printed circuit board (PCB) with red solder mask and presoldered tracks for easier soldering, LCD display with yellowgreen LED backlight, programmed PIC16F628A microcontroller chip, high precision capacitors and inductor, 1% Metal Film resistors, Machined IC Sockets, gold plated header pins, LCD header connectors and all the other components that are needed to build a premium quality kit. Thanks to the use of LCD connectors LCD display can be detached from the main PCB board at any time even after the kit has been assembled. Special Edition Accurate LC Meter is designed for professionals that require unprecedented measurement accuracy and offers great value at low cost. 
How does LC Meter Work?
To be able to determine the value of an unknown inductor / capacitor we can use the frequency formula given below. Note that there are three variables that we can work with; f, L and C (f represents a frequency, L inductance and C capacitance). If we know the values of the two variables we may calculate the value of the third variable. Lets say we want to determine the value of an unknown inductor with X inductance. We plug X inductance into the formula and we also use value of a known capacitor. Using this data we can calculate the frequency. Once we know the frequency we can use the power of the algebra and rewrite the above formula to solve for L (inductance). This time we will use the calculated frequency and a value of a known capacitor to calculate the inductance. Isn’t this amazing? We just calculated the value of unknown inductor, and we may use the same technique to solve for the unknown capacitance and even frequency. 
Applying the Theory to LC Meter’s Hardware
LC Meter’s Switches
Reset Switch – Resets capacitance / inductance readings 
For more detail: Very Accurate LC Meter based on PIC16F628A