Abstract
The study of the magnetooptical properties of magnetics in polarized and natural light is important because of a number of urgent problems in the fields of physics and technology. This paper considers the traditional magnetooptical Kerr and Faraday effects, which are intensively used in practice, alongside the high-magnitude effects of the magnetotransmission and magnetoreflection of nonpolarized light in magnetic semiconductors, such as ferro- and ferrimagnetic spinels, which either possess or not possess high magnetostriction values. Some physical problems requiring further study are formulated.
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