Macroeconomics: Principles, Applications & Tools Value Package (Includes Macro Study Guide)

Macroeconomics: Principles, Applications & Tools Value Package (Includes Macro Study Guide) image
ISBN-10:

0132348950

ISBN-13:

9780132348959

Edition: 5th ed.
Released: Feb 21, 2007
Publisher: Prentice-Hall
Format: Paperback, 0 pages
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Description:

O'Sullivan/Sheffrin makes use of Active Learning Tools which get readers involved in role-playing, help them apply concepts, and offer reinforcement of the material. The books hallmark feature includes a focus on the 5 Key Principles of Economics: 1) Opportunity Cost, 2) The Marginal Principle (comparing marginal benefits and marginal costs), 3) Diminishing Returns, 4) The Spillover Principle (for externalities in production and consumption), and, 5) The Reality Principle (distinguishing real from nominal magnitudes). For economists, financial analysts and other finance professionals.

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