Charge Transfer Transitions and Circular Magnetooptics in Ferrites

The concept of charge transfer (CT) transitions in ferrites is based on the cluster approach and takes into account the relevant interactions, such as the low-symmetry crystal field, spin–orbital, Zeeman, exchange and exchange-relativistic interactions. For all its simplicity, this concept yields a reliable qualitative and quantitative microscopic explanation of spectral, concentration, temperature and field dependencies of optic and magneto-optic properties ranging from the isotropic absorption and optical anisotropy to circular magneto-optics. In this review paper, starting with a critical analysis of the fundamental shortcomings of the “first-principles” density functional theory (DFT-based) band theory, we present the main ideas and techniques of the cluster theory of the CT transitions to be main contributors to circular magneto-optics of ferrites. Numerous examples of comparison of cluster theory with experimental data for orthoferrites, iron garnets and other ferrites are given.