@ JuanGg
First of all in the said book, there is a sort of explanation of how the circuit works: ie: feedback from pin 6 of the LM741 circles around through the 100k feedback resistor to the inverted input , and is modified by the 10k ground resistor, etc , etc.
Anyways , thanks for drawing it out and it was easier and clearer to understand. I did have a faulty lm386 as I was getting 8.32v on pin 5 , where it should be 4.5. After I changed it , I now get some sort of buzzing noise from a speaker, as well as scratching noise when I rub across the electret mic with my finger.
I cured this by changing the 0.047uf capacitor to 0.1uf, and grounding pin 7 through another 0.1 capacitor. Also I put a 10uf capacitor between pins 1 and 8. Now there is no buzzing, but the mic is not as very sensitive as I would like.
It doesn't work when either shout or clap above the mic, only when I rub it.
Thanks