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Efficient simulation of switched-mode power conversion circuits is necessary for the analysis and optimization of power electronics. This paper introduces the extended impedance method (EIM) to the simulation and analysis of general switched-mode power converter circuits. By using the EIM method, the conventional impedance concept can be extended to involve more linear time-variant (LTV) and nonlinear devices, such as MOSFET switches and diodes, which are commonly used in switched-mode power conversion circuits. EIM models a circuit network from the component level in the frequency domain, rather than from the system-level constitutive differential equation in the time domain. Compared with the conventional averaging method, EIM can reveal more high-frequency features of a switched-mode converter circuit, in particular, those around the switching instants. A buck converter is taken as a representative example to validate the EIM based analysis. Both the simulation and experimental results prove that EIM provides precise numerical results, which match the real waveform, as the commercial simulators, e.g. PSpice and ADS, do. Moreover, it largely reduces the computational complexity towards more efficient and more flexible steady-state analysis of switched-mode power electronics. [ABSTRACT FROM AUTHOR]