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Forcourses in microeconomics. Exploringmicroeconomics: Formal theory and practical problems Microeconomics:Theory and Applications with Calculus, 5th Edition, Global Edition remains the premiere microeconomics text to marry formal theorywith robust, thoroughly analyzed real-world problems. Intended as anintermediate microeconomics text, Perloff introduces economic theory through acombination of calculus, algebra, and graphs. It then integrates estimated,real-life problems and applications, using a step-by-step approach todemonstrate how microeconomic theory can be applied to solve practical problemsand policy issues. Compared with similar texts, the author places greateremphasis on using contemporary theories to analyze markets, so students areprepared to apply economic theory to the latest policy analysis in the field.