Quantum Theory of Molecular Magnetism
  The synthesis of molecular magnets has undergone rapid progress in recent years. Each of the identical molecular units can contain as few as two and up to several dozens of paramagnetic ions (spins). Although these materials appear as macroscopic samples, i.e. crystals or powders, the intermolecular magnetic interactions are utterly negligible as compared to the intramolecular interactions. Therefore, measurements of their magnetic properties reflect mainly ensemble properties of single molecules.   Their magnetic features promise a variety of applications in physics, magneto-chemistry, biology, biomedicine and material sciences as well as in quantum computing.   It appears that in the majority of these molecules the localized single-particle magnetic moments couple antiferromagnetically and the spectrum is rather well described by the Heisenberg model with isotropic nearest neighbor interaction sometimes augmented by anisotropy terms. Thus, the interest in the Heisenberg model, which is known already for a long time, but used mostly for infinite one-, two-, and three-dimensional systems, was renewed by the successful synthesis of magnetic molecules. Studying such spin arrays focuses on qualitatively new physics caused by the finite size of the system.   Theoretical inorganic chemistry itself provides several methods to understand and describe molecular magnetism. In this contribution we would like to focus on those subjects which are of general interest in the context of quantum magnetism. 
J. Schnack