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The limbic system is a set of brain structures located on both sides of the thalamus, immediately beneath the cerebrum. It has also been referred to as the paleomammalian cortex. It is not a separate system but a collection of structures from the telencephalon, diencephalon, and mesencephalon.
The anatomy and functions of the different components of the limbic system will first be described individually, followed by a discussion of the system as a whole. A. Hippocampal Formation. The hippocampal formation is a phylogenetically old part of the cerebral cortex located within the temporal lobe.