SECOND EDITION, MARCH 17, 2021!!
The 2nd edition has substantially revised most chapters in the book. The central addition is that it explicitly incorporates constrained optimization techniques. A new section in the Mathematical Appendix explains the logic of inequality-constrained optimization, and how to solve for Lagrangian saddle points using the Karush-Kuhn-Tucker conditions. Constrained optimization is used specifically in the chapters on consumer utility maximization, cost minimization, and Pareto efficiency.
(The ceramic tile image on the cover is from the Vakil mosque in Shiraz, Iran.)
***STUDENTS AND INSTRUCTORS: You may download NEW PowerPoints for the book chapters here!!***
**INSTRUCTORS: The WebAssign education portal hosts online problem sets for this text!**
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Since October 2014 when ‘Intermediate Microeconomics: A Tool-Building Approach’ was published by Routledge, UK, faculty at the following institutions have either adopted this book or are planning to use it in the next academic term.
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