Intermediate Microeconomics

Intermediate Microeconomics, 10th Edition is a comprehensive microeconomics textbook written by Hal R. Varian and Marc Melitz to guide students through core analytical economic principles. Within its opening chapters, the book establishes foundational models of individual economic decision-making, concentrating on budget constraints, consumer preferences, utility, and individual choice.

Building from consumer theory, the text tracks how individual behavior forms aggregate market demand and consumer's surplus. It then shifts to production dynamics, examining technology, cost curves, firm supply, and profit maximization. Strategic market structures receive focused attention through systematic models of monopoly behavior, oligopoly competition, and game theory applications.

Co-author Marc Melitz joins Hal R. Varian for this volume, published by W. W. Norton & Company for undergraduate students and instructors. The text broadens its scope to evaluate market failures and information dynamics, covering behavioral economics, externalities, public goods, and asymmetric information across modern markets.