Electromagnetic systems are thoroughly dealt with, as well as related areas such as the CPA theory of alloys, liquids, the density functional theory etc, with applications to ultrasonics, hydrodynamics, superconductors, porous media and others, where the unifying aspects of the effective medium concept are emphasized. In this new second edition two further chapters have been added to deal with the theory of electrolytes and the exciting frontiers in electromagnetic and related areas of cloaking research all from the perspective of effective medium theory. In addition, a new appendix with notes on the example problems makes this an ideal graduate level text book and research reference source.