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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.
Limbic system structures that process emotion and memory are the amygdala complex, the hippocampus, and the thalamus and hypothalamus. 1  Amygdala complex .This is the principal limbic system structure involved in processing the emotional content of behavior and memory.n effect, the shifts in the body/brain levels of these molecules allocate our emotional energyâwhat we do, when we do it, and how much energy we expend. At the cellular level, peptides synthesized within one cell attach to receptors on the outside of another, sparking increased or decreased cellular actions.