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Macroeconomics: Princples, and Applications, and Tools with MyEconLab and EBook 1-Sem Student ...

ISBN: 9780132349000 | 0132349000
Edition: 5th
Format: Package
Publisher: Prentice Hall
Pub. Date: 1/1/2007

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SummaryTable of Contents
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.
Introduction and Key Principles
Introduction: What is Economics?
Appendix: Using Graphs & Percentages
Key Principles of Economics
Exchange and Markets
Demand, Supply, and Market Equilibrium
The Basic Concepts in Macroeconomics
Measuring a Nation's Production and Income
Unemployment and Inflation
The ... MORE
The Economy at Full Employment
Why Do Economies Grow?
Appendix: A model of Capital Deepening
Economic Fluctuations and Fiscal Policy
AD/AS
Fiscal Policy
The Income Expenditure Model
Investment and Financial Markets
Money, Banking, and Monetary Policy
Money and the Banking System
Appendix: Formula for Deposit Creation
The Federal Reserve and Monetary Policy
Inflation, Unemployment, and Economic Policy
Modern Macroeconomics: From the Short Run to the Long Run
The Dynamics of Inflation and Unemployment
Macroeconomic Policy Debates
The International Economy
International Trade and Public Policy
The World of International Finance
Table of Contents provided by Publisher. All Rights Reserved.

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