Introductory Econometrics: Using Monte Carlo Simulation with Microsoft Excel

Barreto, Humberto; Howland, Frank

ISBN 10: 0521843197 / ISBN 13: 9780521843195

Published by Cambridge University Press, 2006

About this Item

Firm, square and tight with sturdy hinges, just showing a few minor rubs and some mild cosmetic wear. Hence a non-text page is stamped 'damaged'. Despite such this book is in nearly new condition. Thus the contents are crisp, fresh and clean. Offered for sale at a very sensible price.

Seller Inventory # 120327

Bibliographic Details

• Title: Introductory Econometrics: Using Monte Carlo Simulation with Microsoft Excel
• Publisher: Cambridge University Press
• Publication Date: 2006
• Language: English
• ISBN 10: 0521843197
• ISBN 13: 9780521843195
• Binding: Hardcover
• Edition: First Edition.
• Condition: Like New
• Weight: 52 ounces
• Seller catalogs:
  • Science, Mathematics & Technology

About this title

Synopsis

This highly accessible and innovative text (and accompanying website: www.wabash.edu/econometrics) uses Excel (R) workbooks powered by Visual Basic macros to teach the core concepts of econometrics without advanced mathematics. It enables students to run monte Carlo simulations in which they repeatedly sample from artificial data sets in order to understand the data generating process and sampling distribution. Coverage includes omitted variables, binary response models, basic time series, and simultaneous equations. The authors teach students how to construct their own real-world data sets drawn from the internet, which they can analyze with Excel (R) or with other econometric software.

About the Authors

Humberto Barreto is DeVore Professor of Economics at Wabash College, Indiana. He received his Ph.D. from the University of North Carolina at Chapel Hill. Professor Barreto has lectured often on teaching economics with computer-based methods, including the National Science Foundation's Chautuqua program for short courses using simulation. He has received the Indiana Sears Roebuck Teaching Award and the Wabash College McLain-McTurnan Arnold Award for Teaching Excellence. The author of The Entrepreneur in Microeconomic Theory, Professor Barreto has served as a Fulbright Scholar in the Dominican Republic. He is the manager of electronic information for the History of Economics Society and the director of the opportunities to Learn about Business program at Wabash College.

Frank M. Howland is Associate Professor of Economics at Wabash College. He earned his PhD in Economics from Stanford University. Professor Howland was a visiting researcher at FEDEA on Madrid in 1995–6. His academic research focuses on college savings plans.