Intermediate Microeconomics: A Modern Approach, 7th edition is distinguished by its remarkably up-to-date and rigorous yet accesisble analytical appraoch. Professor Varian's lucid prose guides students through the fundamentals of microeconomic analysis while emphasising real-world economic problems and incorporating coverage of the most innovative subjects in the discipline. The Seventh Edition has been carefully updated and revised, adding a wealth of new applications and examples that analyse the important lessons offered by eBay, Google, Verizon, IBM, Microsoft, Bank of America, drug companies, the Yellow Pages, and even Maine lobstermen. Features: Modern Approach Each edition of Intermediate Microeconomics has set a new standard in the field for its inclusion ofthe most up-to-date theories and research. The Seventh Edition continues this tradition, providing a brand new chapter on behavioral economics and expanded coverage of auctions and other contemporary topics. New Real-World Applications The applications and examples that are new to the Seventh Edition analyze the important lessons offered by eBay, Google, Verizon, Maine Lobsterman, IBM, Microsoft, Bank of America, drug companies, the Yellow Pages, and others. Classic Strengths Renewed The Seventh Edition expands and improves upon the strengths that have made Intermediate Microeconomics the leader in the field: Engaging Examples -- Professor Varian's clear explanations are accompanied by exciting real-world examples that challenge students to apply concepts on their own. Lecture-Sized Chapters -- The text's brief, single-topic chapters are organized to correspond to individual lectures, giving instructors more flexibility in assigning topics to match their courses. Moderate Mathematical Level -- Algebra-based and accessible, the text includes a mathematical appendix that offers a concise review of relevant math. Also included are appendixes that introduce calculus-based approaches.