Description

Intermediate Microeconomic Theory and Analysis is an advanced textbook that provides a comprehensive guide for undergraduate and graduate students in modern microeconomics. The book covers fundamental economic concepts, the mechanics of demand and supply, consumer theory, production theory, market structures, general equilibrium, and welfare economics. Through formal proofs, graphical analysis, and real-world examples, the authors emphasise precise concepts and logical structure to equip readers with the tools necessary for economic reasoning. The textbook includes step-by-step examples, numerical illustrations, and clear diagrams to reinforce each concept, making it suitable for use as a course text, a reference for research, or a self-study guide. Overall, Intermediate Microeconomic Theory and Analysis offers depth, clarity, and coherence, making it an essential resource for economics students aiming to thoroughly understand microeconomic principles and analysis techniques.

Dr. Rutto Reuben Kipkirui brings a rare combination of deep theoretical expertise and hands-on experience in African economic development to Intermediate Microeconomic Theory and Analysis. As a Senior Lecturer at Masinde Muliro University of Science and Technology, he has led postgraduate research on infrastructure, human capital, and trade—topics that inform key chapters on production theory, market structures, and welfare analysis. Dr. Rutto’s PhD work on foreign direct investment and his hands-on econometric studies of exchange-rate volatility lend the text its empirical rigour. At the same time, his decade-long track record teaching core micro- and macroeconomic courses ensures clarity and pedagogical flow.

Dr. Consolata Ngala brings to Intermediate Microeconomic Theory and Analysis a rich blend of scholarly rigour and practical insight, honed over a decade at Masinde Muliro University of Science and Technology. With dual doctorates—in Sustainable Development (MMUST) and Economics (Nelson Mandela University, South Africa)—and advanced degrees from the University of Nairobi and the Catholic University of Eastern Africa, she anchors this text in cutting-edge theory and real-world application. As former Chair of MMUST’s Economics Department and current Associate Director of Postgraduate Studies, Dr. Ngala has shaped curricula, supervised dozens of masters’ and doctoral theses, and led national training programmes on economic sustainability. Her peer-reviewed work spans macroeconomic policy, public finance, and development planning—expertise woven through the book’s welfare economics, market failure analysis, and policy case studies.