MBA students frequently learn financial analysis without being able to visualize the intricacies of financial algorithms; this changed with the availability of R, the free statistical data analysis language. In this paper we show how R can be used in selecting a portfolio based on the dynamic...

The main goal of an econometrics course is to prepare students for more advanced levels of study and make them able to cope with the empirical problems they are likely to face. In recent years, there has been a tendency to purge merely theoretical topics from the econometrics textbooks by...

In this paper we use a classroom exercise to reveal the main efficiency and equity aspects of the Tiebout hypothesis. We conduct and extend the exercise developed by Brouhle et al (2005) by including a second phase in which students have the opportunity to evaluate the implications of the...

This article explores the effectiveness of applying a new multidimensional graphical method to the teaching and learning of economics. In essence, the paper extends the significance of multi-dimensional graphs to study any economic phenomenon from a multidimensional perspective. The paper...

In this short expository note I provide an overview of leveraged buy-out transactions (“LBOs”). I show in detail how an LBO transaction is structured and financed, as well as the typical return profile. I also provide a sample transaction accompanied by financial projections, debt repayment...

The Cobb Douglas production function is a central element in economic growth theory and Microeconomics. Its popularity in economics stems from certain convenient mathematical properties. Some of these properties describe a set of (partial) differential equations. Although the Cobb Douglas...