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Macroeconomics: Principles, Applications and Tools (6th Edition)

Author Arthur O'Sullivan, Steven M. Sheffrin, Stephen Perez
Publisher Prentice Hall
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Book Details
PublisherPrentice Hall
ISBN / ASIN0136092721
ISBN-139780136092728
Sales Rank1,104,653
MarketplaceUnited States 🇺🇸

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.