This book presents the physics of magnetic flux tubes, including their fundamental properties and collective phenomena in an ensemble of flux tubes. The physics of magnetic flux tubes is vital for understanding fundamental processes in the solar atmosphere that are shaped and governed by magnetic fields. The concept of magnetic flux tubes is also central to various magnetized media ranging from laboratory plasma and Earths magnetosphere to planetary, stellar and galactic environments. The book covers both theory and observations. Theoretical models presented in analytical and phenomenological forms that are tailored to practical applications. These are welded together with empirical data extending from the early pioneering observations to the most recent state-of-the-art data. This new edition of the book is updated and contains a significant amount of new material throughout as well as four new chapters and 48 problems with solutions. Most problems make use of original papers containing fundamental results. This way, the original paper, often based on complex theory, turns into a convenient tool for practical use and quantitative analysis.