Economics Principles and Tools |
|
| Author:
| O'Sullivan, Arthur
Sheffrin, Steven M. |
| Series title: | O'Sullivan/Sheffrin Economics: Principles and Tools 4e Ser. |
| ISBN: | 978-0-13-147971-5 |
| Publication Date: | Dec 2004 |
| Publisher: | Prentice Hall PTR
|
| Imprint: | Prentice Hall |
| Book Format: | Paperback |
| List Price: | USD $173.33 |
Book Description:
|
For 2 semester courses covering Principles of Microeconomics or Macroeconomics.
An Active Approach to Modern Economics.
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...
More Description
For 2 semester courses covering Principles of Microeconomics or Macroeconomics.
An Active Approach to Modern Economics.
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.