Abstract. In this review, we report on different phenomena related to the magnetic properties of artificially prepared highly ordered (periodic) two-dimensional Josephson junction arrays (2D-JJA) of both shunted and unshunted Nb-AlO x -Nb tunnel junctions. By employing mutual-inductance measurements and using a high-sensitive home-made bridge, we have thoroughly investigated (both experimentally and theoretically) the temperature and magnetic field dependence of complex AC susceptibility of 2D-JJA. After brief description of the measurements technique and numerical simulations method, we proceed to demonstrate that the observed dynamic reentrance (DR) phenomenon is directly linked to the value of the Stewart-McCumber parameter β C . By simultaneously varying the inductance related parameter β L , we obtain a phase diagram β C -β L (which demarcates the border between the reentrant and non-reentrant behavior) and show that only arrays with sufficiently large value of β C will exhibit the DR behavior. The second topic of this review is related to the step-like structure (with the number of steps n = 4 corresponding to the number of flux quanta that can be screened by the maximum critical current of the junctions) which has been observed in the temperature dependence of AC susceptibility in our unshunted 2D-JJA with β L (4.2K) = 30 and attributed to the geometric properties of the array. The steps are predicted to manifest themselves in arrays with β L (T) matching a "quantization" condition β L (0)=2π(n+1).In conclusion, we demonstrate the use of the scanning SQUID microscope for imaging the local flux distribution within our unshunted arrays.