This highly accessible and innovative text and accompanying CD-ROM use 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 order to understand the data generating process...

Preface -- Introduction to probability and statistics -- Foundation of probability theory -- Random variables and univariate probability distributions -- Important probability distributions -- Multivariate probability distributions -- Introduction to sampling theory -- Convergences and limit...