This work contains a theoretical analysis of the optical properties of semi
conductor quantum wells embedded in planar Fabry-Perot microcavities. In pa
rticular, the properties of the system in correspondence to the excitonic t
ransition are studied by means of the polariton formalism. The polariton st
ates in microcavities are derived and the polariton dispersion is presented
. Particular emphasis is put on the existence of two well distinct regimes
depending on the exciton and cavity parameters: strong coupling and weak co
upling regime. The main experimental results are reviewed and compared with
the prediction of the theory. After the polariton states have been charact
erized, the optical response of the system is discussed, with particular at
tention to the photoluminescence measurements. The polariton formation and
relaxation through phonon scattering and the effect of the exciton inhomoge
neous broadening are considered and, finally, a phenomenological model for
the polariton photoluminescence spectra is presented.