The Economic Approach

with Microsoft Excel

Copyright 1994 - present All versions All Rights Reserved

 



We offer the following, in FAQ (Frequently Asked Questions) format, as an explanation and description of The Economic Approach with Microsoft Excel®.


What is this all about?

That's easy to answer. This is all about learning economics with the aid of computers. Along the way, you'll learn how to use a popular spreadsheet called Microsoft Excel and understand mathematical ideas like the derivative.

You learn by working your way through 21 chapters that contain readings, labs, and exercises. You learn how to solve optimization problems and equilibrium models, do comparative statics, calculate elasticities, and draw a variety of graphs. It's not something you can finish in an afternoon. The materials contained here comprise an entire college-level course in Economics.

What exactly do I need to access the materials?

You need a computer (Mac or Windows-based) and Microsoft Excel® (version 97 or greater) which is the spreadsheet part of the Microsoft Office® family of applications. The workbooks are optimized for Windows, but Macs can also be used (although buttons and other controls may not look quite as nice).

To see the answers, you will need the free Adobe Acrobat® Reader application . Adobe Acrobat Reader without Search is the one most people have and it will work. But Adobe Acrobat Reader with Search enables you to take advantage of the full text searching power of Adobe Acrobat. If you do not have Adobe Acrobat® Reader with Search currently installed, you can download it from:
Acrobat.GIF
http://www.adobe.com/prodindex/acrobat/readstep.html

OK, I have Microsoft Excel®. What intellectual preparation do I need?

That's a good question. Our materials are designed for college sophomores who have completed an Introductory Economics course. But, honestly, any reasonably smart, motivated person can successfully complete the lessons.

We assume no knowledge of Excel or computers. In addition, although a calculus background might come in handy, we will explain the mathematics used by economists in simple terms. There's no doubt that some concepts will be a bit tougher if you've never seen a derivative, but it has been done and YOU can do it.

In conclusion, the preparation you need is a willingness to work and the self-discipline to systematically proceed through the 21 chapters. Things can get difficult and time-consuming, but if you persevere, you will will really learn a lot about economics and spreadsheets--and a little mathematics too.

If I'm a college student but not an Econ major or minor, is this a good idea for me?

We really believe that, no matter who you are, The Economic Approach with Microsoft Excel® will be good for you. You will learn about economics and spreadsheets--two things you will use no matter what you do.

OK, I'm ready to go. What's next?

Download the materials from the download page and go to work!

I'm still not sure I understand what this is all about. Can you show me what kinds of things I'll be doing?

Sure. To see the content and organization of the materials you will be working with, check out our demo page.

 

 

Please send questions and comments to: Bert, Frank and Kay

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