Guitar chord theory is a study on how to make chords from scales. They are basically made by combining every other note in a scale. However understanding intervals will help with larger and altered chords.
Understanding chord theory will save you a lot of time memorizing separate chords. When you see how they are made you only have to remember one formula for each chord.
Chords come from scales. There are a lot of different scales but the major and minor scales are the main sources for chords.
The difference between a major and minor chord is only one note. The minor chord has a minor 3rd and the major chord has a major 3rd in it. Simple.
There are four main types of chords.
Major
Minor
Augmented
Diminished
Each of these especially the major and minor chords have a lot of related chords.
You have most likely seen C7, Dm7 and other chord symbols. Learning how to make them will give you chords all over the guitar neck.
Intervals are the distance between two notes. Most chords are built using major and minor 3rds stacked on top of each other. This is for the root position chord which is where we start and learn the notes and degrees of each chord.
I suggest you open these next few links in a new tab or window to make it easy to switch back and forth. They may help you understand guitar chord theory as I explain it.
It seems complicated at first but it is really just simple math. The better you know the guitar fretboard the easier it will be.
Learning where all the notes are will make playing and learning new songs much easier. You won't be searching for the notes you'll know where they are.
This is a good page to get an understanding of the major scale and chord building.
Here is a page that explains the chord symbols like Cma7, Dm7 or Cma7+5.
You will see these in most music written for piano. learning what they mean is fairly easy.
This page will explain the chord diagrams for those of you who are new to guitar diagrams.
Here are chords that get used quite a bit in everyday music of all types.
Sounds like heavy metal chords doesn't it? It's actually because of the / in the chord name like name like C/G. This means a C major chord with a G bass note.
These chords suspend the third of a chord with a second or a fourth note. Usually for a couple beats and then they resolve back to the third.
These chords are popular. A major 6th chord is also a minor 7th chord. C6 is equal to an Am7 chord.
These don't get as much play time as the major 6th but they have a couple different names and uses.
The following link will tell you all about the different 7th chords.
This is a nice mellow chord. It's made from a major and a minor triad combined.
These chords come from the 5th note of the major and minor scales.
This is a unique chord. It repeats itself every 3rd fret and has some other uses.
These are the chords with the really confusing names like C7♯5♭9
Here is a page that explains how to make chords using the major scale as a tool.
The major chords are formed on the I, IV and V degrees of the major scale.
The Minor chords are formed from the ii, iii and vi notes.
The vii is a diminished chord when it is a triad, a three note chord.
Major chord degrees are written in upper class I, IV and V. This format will be used in many but not all guitar lesson books.
Minor Chords and the diminished, because it has a minor third as it's first interval are written in lower case ii, iii, vi and vii.
A major chord is composed of a major third and a minor third interval.
This makes a C chord from the I note, it skips the D and the F.
This makes an F chord from the IV note, it skips the G and the B.
This makes a G chord from the V note, it skips the A and the C.
This is how all major triads are made in the major scale.
A minor chord is made from a minor 3rd interval and a major 3rd interval. The opposite of the major chord the minor interval is first and the major one is second.
The minor chords are made from the ii, iii and vi notes of the major scale.
This makes a D minor chord from the ii note.
This makes an E minor chord from the iii note.
This makes an A minor chord from the vi note.
The diminished chord is made from two minor intervals.
This makes a B dim(diminished) chord. It is also written B°
The augmented chord is made from two major intervals
This chord actually comes from the minor scales, it is a major chord with a raised 5th
Below is the major scale written twice. This is where chords get those numbers you see in chord symbols.
You will see the numbers 2, 4, 6, 7, 9, 11 and 13 used with chords
The number 2 and 9 are the same note only an octave apart.
The number 4 and 11 are the same note only an octave apart.
The number 6 and 13 are the same note only an octave apart.
Just add 7 to a lower number or subtract 7 from a higher number
Inverting chord tones is simply placing the lower note one octave higher.
All the chords above came from the root note.
These different ways of playing the same chord are called inversions
For the C major chord you have three notes.
There are as many inversions to a chord as there are notes.
The intervals change as the notes are moved
These are not the only way to play these chords. Any combination containing all three notes is a C chord. You can have multiple notes, and will on most major and minor chords.
In other words a 1st position C chord could be C E G C E. Two C's and two E's the second C and E are one octave higher then the first one.

I hope you found this page useful.
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