The 12th edition of INTERMEDIATE MICROECONOMICS AND ITS APPLICATION, by Walter Nicholson of Amherst College and Christopher Snyder of Dartmouth College, provides an exceptionally clear and concise introduction to the economics of markets, providing a managerial focus and using an algebraic approach. The authors have provided a complete range of highly relevant applications and appealing current examples, filling this edition with strong examples, step-by-step video problems, and activities that engage students' interest and encourage them to learn by doing.