Well-balanced and up-to-date introduction to the field of semiconductor optics, including transport phenomena in semiconductors. Starting with the theoretical fundamentals of this field the book develops, assuming a basic knowledge of solid-state physics. The application areas of the theory covered include semiconductor lasers, detectors, electro-optic modulators, single-electron transistors, microcavities and double-barrier resonant tunneling diodes. One hundred problems with hints for solution help the readers to deepen their knowledge.