Key features

• Heavy emphasis on Monte Carlo simulation.
• Takes advantage of recent developments in computer technology to create concrete, visual explanations of difficult, abstract ideas.
• Use of Excel® to deliver content, with workbooks powered by Visual Basic macros.
• Dynamic visualization and intuitive explanation via live graphs.
• Hands on, active learning with novel, interesting, concrete examples. Focus on a few crucial ideas and on getting them exactly right.
• Teaches students how to construct their own real-world data sets drawn from the internet, which they can analyze with Excel® or with other econometric software.
• Add-ins enhance regression within Excel®, e.g., robust Standard Errors, Durbin Watson, and probit and logit estimation.
• CD-ROM with all Excel® files, answers to self-study questions, and data sources.
• Excel add-ins available in the companion website provide excellent teaching tools and enhance research projects.