Macroeconomics
Principles and Tools
4th Edition
Published on 19. May 2005
Book
Paperback/Softback
512 pages
978-0-13-153618-0 (ISBN)
Description
This Principles of Macroeconomics text uses 5 key principles, and an Active Approach to teach macroeconomics.
O'Sullivan/Sheffrin makes use of Active Learning Tools which get students involved in role-playing, help them apply concepts, and offer reinforcement of the material (tools include: Economic Experiments, Application Questions, and Test Your Understanding Questions).
The text provides a clear, concise, and accessible presentation of key points. Its 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 Principle of Voluntary Exchange, 5) The Real-Nominal Principle (distinguishing real from nominal magnitudes).
It is available in a hardbound, Economics text, as well as, Micro and Macro splits.
O'Sullivan/Sheffrin makes use of Active Learning Tools which get students involved in role-playing, help them apply concepts, and offer reinforcement of the material (tools include: Economic Experiments, Application Questions, and Test Your Understanding Questions).
The text provides a clear, concise, and accessible presentation of key points. Its 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 Principle of Voluntary Exchange, 5) The Real-Nominal Principle (distinguishing real from nominal magnitudes).
It is available in a hardbound, Economics text, as well as, Micro and Macro splits.
More details
Edition
4th edition
Language
English
Place of publication
United States
Publishing group
Pearson Education (US)
Target group
Professional and scholarly
Dimensions
Height: 252 mm
Width: 202 mm
Thickness: 18 mm
Weight
910 gr
ISBN-13
978-0-13-153618-0 (9780131536180)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
New editions
Arthur O'Sullivan | Steven Sheffrin | Steve Perez
Macroeconomics
Principles, Applications, and Tools: United States Edition
Book
01/2007
5th Edition
Pearson
€81.83
Article exhausted; check for reprint
Previous edition
Book
07/2002
3rd Edition
Pearson
€71.91
Article exhausted; check for reprint
Content
PART 1: INTRODUCTION AND KEY PRINCIPLES
Chapter 1: Introduction: What is Economics?
Chapter 2: Key Principles of Economics
Chapter 3: Exchange and Markets
Chapter 4: Supply, Demand, and Market Equilibrium
PART 2: THE BASIC CONCEPTS IN MACROECONOMICS
Chapter 5: Measuring a Nation's Production and Income
Chapter 6: Unemployment and Inflation
PART 3: THE ECONOMY IN THE LONG RUN
Chapter 7: The Economy at Full Employment
Chapter 8: Why Do Economies Grow?
PART 4: ECONOMIC FLUCTUATIONS AND FISCAL POLICY
Chapter 9: Aggregate Demand and Aggregate Supply
Chapter 10: Fiscal Policy
Chapter 11: The Income Expenditure Model
Chapter 12: Investment and Financial Intermediation
PART 5: MONEY, BANKING, AND MONETARY POLICY
Chapter 13: Money and the Banking System
Chapter 14: The Federal Reserve and Monetary Policy
PART 6: INFLATION, UNEMPLOYMENT, AND ECONOMIC POLICY
Chapter 15: From the Short Run to the Long Run
Chapter 16: The Dynamics of Inflation and Unemployment
Chapter 17: Current Issues in Macroeconomic Policy
PART 7: THE INTERNATIONAL ECONOMY
Chapter 18: International Trade and Public Policy
Chapter 19: The World of International Finance
Chapter 1: Introduction: What is Economics?
Chapter 2: Key Principles of Economics
Chapter 3: Exchange and Markets
Chapter 4: Supply, Demand, and Market Equilibrium
PART 2: THE BASIC CONCEPTS IN MACROECONOMICS
Chapter 5: Measuring a Nation's Production and Income
Chapter 6: Unemployment and Inflation
PART 3: THE ECONOMY IN THE LONG RUN
Chapter 7: The Economy at Full Employment
Chapter 8: Why Do Economies Grow?
PART 4: ECONOMIC FLUCTUATIONS AND FISCAL POLICY
Chapter 9: Aggregate Demand and Aggregate Supply
Chapter 10: Fiscal Policy
Chapter 11: The Income Expenditure Model
Chapter 12: Investment and Financial Intermediation
PART 5: MONEY, BANKING, AND MONETARY POLICY
Chapter 13: Money and the Banking System
Chapter 14: The Federal Reserve and Monetary Policy
PART 6: INFLATION, UNEMPLOYMENT, AND ECONOMIC POLICY
Chapter 15: From the Short Run to the Long Run
Chapter 16: The Dynamics of Inflation and Unemployment
Chapter 17: Current Issues in Macroeconomic Policy
PART 7: THE INTERNATIONAL ECONOMY
Chapter 18: International Trade and Public Policy
Chapter 19: The World of International Finance