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We review equilibrium thermodynamic properties of systems of magnetic particles like ferrofluids in which dipolar interactions play an important role. The review is focussed on two subjects: ({ i}) the magnetization with the initial magnetic susceptibility as a special case and ({ ii}) the phase transition behavior. Here the condensation ("gas/liquid") transition in the subsystem of the suspended particles is treated as well as the isotropic/ferromagnetic transition to a state with spontaneously generated long--range magnetic order.
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Huke et al. (2004) studied this question.
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