  A small quantum dot containing approximately 20 electrons is realized in a
two-dimensional electron system of an AlGaAs/GaAs heterostructure. Conventional
transport and microwave spectroscopy reveal the dot's electronic structure. By
applying a coherently coupled two-source technique, we are able to determine
the complex microwave induced tunnel current. The amplitude of this
photoconductance resolves photon-assisted tunneling (PAT) in the non-linear
regime through the ground state and an excited state as well. The out-of-phase
component (susceptance) allows to study charge relaxation within the quantum
dot on a time scale comparable to the microwave beat period.
