To set the stage for our subsequent thorough discussion of dynamic critical phenomena, we first review the theoretical description of second-order equilibrium phase transitions. (Readers already well acquainted with this material may readily move on to Chapter 2.) To this end, we compare the critical exponents following from the van-der-Waals equation of state for weakly interacting gases with the results from the Curie–Weiss mean-field approximation for the ferromagnetic Ising model. We then provide a unifying description in terms of Landau–Ginzburg theory, i.e., a long-wavelength expansion of the effective free energy with respect to the order parameter. The Gaussian model is analyzed, and a quantitative criterion is established that defines the circumstances when non-linear fluctuations need to be taken into account properly. Thereby we identify dc = 4 as the upper critical dimension for generic continuous phase transitions in thermal equilibrium. The most characteristic feature of a critical point turns out to be the divergence of the correlation length that renders microscopic details oblivious. As a consequence, not only the correlation functions, but remarkably the thermodynamics as well of a critical system are governed by an emergent unusual symmetry: scale invariance. A simple scaling ansatz is capable of linking different critical exponents; as an application, we introduce the basic elements of finite-size scaling. Finally, a brief sketch of Wilson's momentum shell renormalization group method is presented, intended as a pedagogical preview of the fundamental RG ideas. Exploiting the scale invariance properties at the critical point, the scaling forms of the free energy and the order parameter correlation function are derived.