After a rigorous update of Problem Sets and Applications, Intermediate Microeconomics and Its Application is now available in its Eighth Edition. As with previous editions, this text still offers the most clear and concise introduction to economic analysis of how markets operate. The author's streamlined approach to the material, and lively new discussions offer students a textbook that is easy to learn from and interesting to read. Instructors will like the additions to the "Further Topics" section, which offer an up-to-date presentation of new topics in microeconomics.
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Walter Nicholson is the Ward H. Patton Emeritus Professor of Economics at Amherst College and a visiting professor at Ave Maria University, Naples, Florida. Over his teaching career, Professor Nicholson has sought to develop in students an appreciation for the value of economic models in the study of important social questions. He also has enjoyed showing students some of the stranger things that economists have sought to model. Nicholson received his PhD in economics from MIT. Most of his research is in the area of labor economics, especially policy questions related to unemployment.
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