The classical energy minimization principles of Dirichlet and Thompson are extended as minimization principles to acoustics, elastodynamics and electromagnetism in lossy inhomogeneous bodies at fixed frequency. This is done by building upon ideas of Cherkaev and Gibiansky, who derived minimization variational principles for quasistatics. In the absence of free current the primary electromagnetic minimization variational principles have a minimum which is the time-averaged electrical power dissipated in the body. The variational principles provide constraints on the boundary values of the fields when the moduli are known. Conversely, when the boundary values of the fields have been measured, then they provide information about the values of the moduli within the body. This should have application to electromagnetic tomography. We also derive saddle point variational principles which correspond to variational principles of Gurtin, Willis, and Borcea.