Magnetic nanoparticle systems are difficult systems to model due to the interplay between intrinsic and collective effects. The first ones are associated to the magnetic properties of an individual particle and require considering the atomic spins of the magnetic ions, their mutual exchange interactions and magnetocrytalline anisotropy. Due to its finite size, an individual particle has different magnetic properties from the bulk counterpart material. Morover, the high proportion of surface spins with reduced coordination influences the equilibrium magnetic configuration of individual particle, with spin noncollinearities being a consequence of the distinct surface anisotropy. The collective effects have to do with interactions among the nanoparticles in an ensemble such as long range dipole-dipole interactions and can be tackled more easily by considering each nanoparticle as one effective spin having the magnitude of the total magnization of the particle. Therefore, at this level of description, nanoparticle ensembles can be modeled by a collection of macrospins having their own anisotropy axes and interacting through dipolar interactions, neglecting their internal structure, which inturn is equivalent to assuming that the interactomic exchange coupling is strong enough to keep atomic magnetic ions aligned along the global magnetization direction. Whereas in atomic magnetic materials the exchange interaction usually dominates over dipolar interactions, the opposite happens in many nanoscale particle or clustered magnetic systems, for which the interparticle interactions are mainly of dipolar origin. Therefore, one spin models (OSP) should, in principle, provide a correct description of non-interacting systems and, to a first approximation be valid also to account for the main features observed in more concentrated samples where interactions cannot be neglected. It has been shown also recently [17; 54] that spin non-collinearities due to surface anisotropy can even be incorporated within the OSP approach if an effective cubic anisotropy term is added to the original uniaxial anisotropy energy. However, incorporation of dipolar interactions along these lines does not seem feasable within the present theoretical frameworks.While we have a valid theoretical framework to compute equilibrium magnetic properties (such as thermal dependence M(T), isothermal field dependence M(H), low temperature configurations,...) analytically or numerically within the scope of OSP models [19] for non-interacting systems, models including dipolar interactions can only compute these quantities using perturbative thermodynamic theory and, even so, anaytical expressions can only be obtained under certain limits and approximations. In contrast, dynamic properties (such as hysteresis loops, FC-ZFC processes, susceptibility or magnetic relaxation) are non-equilibrium phenomena for which a unique theoretical framework covering the wide range of time June 15, 2018 22:41 PSP Book -9.75in x 6.5in Book_PSP_Nobibtex_Condmat 2 Time dependent pheno...