Showing 1 - 6 of 6
This paper uses pooled testing as a teaching example for undergraduate statistics, econometrics, or quantitative methods courses. It offers step-by-step instructions to create an Excel spreadsheet that uses Monte Carlo simulation to find the optimal group size for a given infection rate
Persistent link: https://www.econbiz.de/10012824750
A review essay of Mark Skousen's The Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes. The bottom line is this: If you want Skousen's view of the history of economics, skip The Big Three and read The Making of Modern Economics
Persistent link: https://www.econbiz.de/10014225471
While the undergraduate History of Economic Thought course is alive and well, it will be increasingly taught by faculty who are not historians of economics. This paper provides resources - sample syllabi, information on texts, and advice on course construction - for the non-specialist. A...
Persistent link: https://www.econbiz.de/10014053706
This paper focuses on econometrics pedagogy. It demonstrates the importance of including probability weights in regression analysis using data from surveys that do not use simple random samples (SRS). We use concrete, numerical examples and simulation to show how to effectively teach this...
Persistent link: https://www.econbiz.de/10010699643
This working paper is intended to be a chapter in a forthcoming book, tentatively titled Macroeconomics with Excel. The printed book will be a manual for professors, while the Excel workbooks are freely available to students. See www.depauw.edu/learn/macroexcel for more information on this...
Persistent link: https://www.econbiz.de/10010701003
This econometrics pedagogy paper demonstrates the importance of using cluster standard errors with data generated from complex surveys. Simulation is used to show that both classic ordinary least squares and robust standard errors perform poorly in the presence of within-cluster correlated...
Persistent link: https://www.econbiz.de/10010701004