Intermediate Microeconomics offers a clear and concise treatment of
microeconomic principles in a useful pedagogic framework. The
mathematical level is approachable and uses basic algebra with
extensions to calculus where it helps the analysis. The book is
also strongly applied in focus and shows the relevance of theory in
the "real world". Whilst these features make the book approachable
to students, the theoretical content and overall learning
experience is a rigorous one. In this adapted edition Peter Luke
and Michael Wood have been brought in to adapt the text for the UK,
European and South African market. Applications features in the
book have been internationalised, and the European Social
Model/US-UK model debate on the macroeconomy discussed at a micro
level. This book is designed for students specifically studying
economics at an undergraduate or postgraduate level such as MBA
within the UK and EU in general, and South Africa. These students
would be predominantly second-year students who have already taken
an introductory course in microeconomics.
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