Examples
The most important examples of left exact functors are the Hom functors: if A is an abelian category and A is an object of A, then FA(X) = HomA(A,X) defines a covariant left-exact functor from A to the category Ab of abelian groups. The functor FA is exact if and only if A is projective. The functor GA(X) = HomA(X,A) is a contravariant left-exact functor; it is exact if and only if A is injective.
If k is a field and V is a vector space over k, we write V* = Homk(V,k). This yields a contravariant exact functor from the category of k-vector spaces to itself. (Exactness follows from the above: k is an injective k-module. Alternatively, one can argue that every short exact sequence of k-vector spaces splits, and any additive functor turns split sequences into split sequences.)
If X is a topological space, we can consider the abelian category of all sheaves of abelian groups on X. The functor which associates to each sheaf F the group of global sections F(X) is left-exact.
If R is a ring and T is a right R-module, we can define a functor HT from the abelian category of all left R-modules to Ab by using the tensor product over R: HT(X) = T ⊗ X. This is a covariant right exact functor; it is exact if and only if T is flat.
If A and B are two abelian categories, we can consider the functor category BA consisting of all functors from A to B. If A is a given object of A, then we get a functor EA from BA to B by evaluating functors at A. This functor EA is exact.
Read more about this topic: Exact Functor
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