Many advances have occurred in the field of optical design during the past decade. Some of the newer topics and concepts associated with the design and use of optical systems are complex and require comprehensive understanding of theory, expertise in state-of-the-art technology, and extensive computer simulations. This dissertation focuses on development of practical methods and tools for successful lens design and evaluation of state-of-the-art imaging and illumination systems. The dissertation addresses several current topics in modern optical engineering and utilizes approaches to provide insights into the inner workings of optical systems. Examples of modern mobile camera lenses are provided to show how specific methods can help to better understand these lens designs and to expand the imaging capabilities of miniature camera systems. Two simple but effective real ray tracing methods for correcting chromatic aberrations in imaging systems are described. The proposed methods separate monochromatic and chromatic aberration correction into two independent problems. This two-step approach provides effective alternatives in correcting chromatic aberrations. A number of unique calculations have been performed and some novel and interesting theoretical results, including the fourth-order theory of irradiance changes in axially symmetric optical systems, are reported. The specific relationships between the irradiance distribution and wavefront aberration coefficients to fourth order are derived for the first time. The practical case of relative illumination at the image plane of an optical system is also discussed in some detail.