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The second edition, which appeared in 2005 and contains substantial - dates and amendments compared to the ?rst one and its corrected reprints, was again favourably received by the students and the scienti?c community worldwide. They contained only rather limited updates of the material and corrections. In the meantime scienti?c progress brought a lot of new results, which necessitate a new, seriously revised edition. This progress includes bulk se- conductors, but especially structures of reduced dimensionality. These new trends and results are partly included in existing chapters e.g. for phonons or for time-resolved spectroscopy, partly new chapters have been introduced like the ones on cavity polaritons and photonic structures.