This web site supports our book, Introductory Econometrics: Using Monte Carlo Simulation with Microsoft Excel, published by Cambridge University Press. Our fundamental strategy is to use clear language and take advantage of recent developments in computers to create concrete, visual explanations of difficult, abstract ideas.
This web site makes available the introductory sections and Excel workbooks from each chapter so you can see what we cover and how we present the material.
In addition, we've decided to make the Excel add-ins that we've written freely available. We've used these add-ins to greatly improve our teaching and we hope others can benefit from the sophisticated algorithms we've developed. Of course, we ask that you properly credit and cite our work if you use these materials. We'd love to hear from you about how you used our add-ins.
This web site also serves as a resource for instructors. If you teach econometrics, you may login to access lecture notes, additional labs, and answers to exercise questions in the book.
While this web site contains a great deal of information, there's even more material in the book, where we explain how to actually use the Excel workbooks to learn econometrics. The first printing of our book comes with a CD ROM with a full set of answers to all Excel workbook, self-study questions (but not the answers to the exercises in the book itself). The CD also has materials on downloading data from a handful of web sites, including detailed instructions on using the Current Population Survey, and several "how to" documents that offer practical, step-by-step instructions on a particular task. All these files are as of June 2010 available in a 27.7 MB zip file. To get that file, click on this link.
We hope you find our work useful and helpful. Please contact us if you have questions or comments.
To get the updated version of the files or for those who purchased an eversion of the book, click here.
About the Authors
Allen Distinguished University Professor at DePauw University, was born in Camagüey, Cuba and earned his B.A. from New College and Ph.D. from the University of North Carolina at Chapel Hill. He manages an email list for the History of Economics Society.
Frank M. Howland,
Professor of Economics at Wabash College, earned an A.B. from Harvard College and a Ph.D. in Economics from Stanford University. He is a native of Boston, Massachusetts. Howland's research focuses on health economics.