A highly sensitive photodetection system for optical pump-probe experi
ments is described. The system is based on the lock-in amplification t
echnique with double modulation at high f(0) and low f(1) frequencies
(the photodetection system operates at the fixed frequency f(0) = 6.2
MHz). The system is implemented as an attachment for a low-frequency l
ock-in amplifier and includes a silicon photodiode loaded to a narrow-
bandwidth amplifier and an RF down-converter. The peak-to-peak sensiti
vity to small changes in the optical power is determined by the photoc
urrent shot noise at the detection frequency f(0) and equals delta P/P
similar to 5 x 10(-7) 1/root Hz. The developed technique is used with
a Nd:YAG laser in experiments on time-resolved optoacoustic and polar
ization spectroscopy.