Hokari, Toru; Iimura, Masaki; Murakoshi, Seiji; Onuma, … - In: Computers in Higher Education Economics Review 19 (2007) 1, pp. 16-20
Simulating the real business cycle models is a popular topic in first-year graduate courses on macroeconomics. Usually, Maple and Matlab are used for this purpose, mainly because they can be used both for solving and for simulating the models. Strulik (2004) demonstrates that Excel can be used...