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The tunneling splitting of the energy levels of a ferromagnetic particle in the presence of an applied magnetic field - previously derived only for the ground state with the path integral method - is obtained in a simple way from Schr"odinger theory. The origin of the factors entering the result is clearly understood, in particular the effect of the asymmetry of the barriers of the potential. The method should appeal particularly to experimentalists searching for evidence of macroscopic spin tunneling.
Transitions from classical to quantum behaviour in a spin system with two degenerate ground states separated by twin energy barriers which are asymmetric due to an applied magnetic field are investigated. It is shown that these transitions can be interpreted as first- or second-order phase transitions depending on the anisotropy and magnetic parameters defining the system in an effective Lagrangian description.