Steps in deriving the self-inductance formula using Faraday's law:
1️⃣ The magnetic flux through a coil is related to inductance and current
2️⃣ Faraday's law states the induced EMF is the rate of change of magnetic flux
3️⃣ Substitute the expression for magnetic flux into Faraday's law
4️⃣ Assume inductance is constant and take it out of the derivative
5️⃣ Express inductance in terms of EMF and rate of change of current