As we enter the 21st century, most students are familiar with microcomputers. They are adept in visually-oriented playing and learning, as evidenced by prevalent video games, music videos, and DVD movies. This book appeals to the modern day undergraduate and graduate students by using microcomputers, through innovative uses of spreadsheets and built-in spreadsheets equations and formulae. This microcomputer skill-intensive book covers major topics in both economic analysis and business analysis. Students will learn how to build complex spreadsheet layouts and perform high-level calculations and analysis intuitively in a non-threatening environment. To encourage students' active learning and critical thinking, they will be given hands-on practice by creating tables and graphs presented in the text and homework, and by changing the parameters to find the effects of the change instantly. At the same time, by acquainting themselves with the popular spreadsheet program, they will acquire more advanced job skills directly.
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"Professor Hsiao has written a remarkable and useful book covering statistics and basic economic analysis. It unifies these usually disparate topics via a common analytical framework of Excel spreadsheets. The book is both practical and theoretically sophisticated." ---- Jerry R Green, John Leverett Professor in the University, Harvard University
"As politicians know, economists have two hands. But as Professor Hsiao shows in this magisterial 'how-to' book on conquering the intricacies of spread-sheets, an extra 'helping hand' is not only useful, but necessary. This is a 'hand' worth shaking when you finish -- to say 'thank you'." ---- Ronald W Jones, Xerox Professor of Economics, University of Rochester
"The most powerful way to learn concepts and models in economics is to work with concrete examples, and Professor Hsiao's text teaches the spreadsheet tools necessary to implement numerous illustrations of a variety of microeconomic and macroeconomic models. Frank Hsiao has been developing these instructional materials as part of his courses at the University of Colorado for more than twenty-five years. Anyone who works through this text will learn principles of economics in depth, and also become very proficient in the use of spreadsheets for analysis and presentation in fields beyond business and economics." ---- Robert McNown, Professor of Economics and Director of the Program on International Affairs, University of Colorado
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