Network models of an electromagnetic field containing both eddy and displacement currents are presented. The models consist of magnetic and electric networks coupled via sources. The analogy between the finite element method and the loop and nodal formulations of electric circuits is emphasised. The models include networks containing branches associated with element edges (edge networks) or facets (facet networks). Methods of determining mmf sources of magnetic networks from loop and branch currents in electric circuits, as well as emf sources in electric networks on the basis of the rate of change of loop and branch fluxes in electric networks, have been carefully considered.