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COMPUTER APPLICATIONS IN TEACHING ECONOMETRICS
Author(s) -
Kraft Arthur,
Kraft John
Publication year - 1973
Publication title -
decision sciences
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.238
H-Index - 108
eISSN - 1540-5915
pISSN - 0011-7315
DOI - 10.1111/j.1540-5915.1973.tb00990.x
Subject(s) - cover (algebra) , computer science , econometric model , work (physics) , econometric analysis , econometrics , spatial econometrics , empirical research , management science , operations research , economics , statistics , mathematics , machine learning , engineering , mechanical engineering
Abstract In most econometrics courses the students are given limited exposure to the empirical applications of econometric theory. The use of canned programs would make it possible to cover more applied econometric work, and help prepare the students for more empirical work. The computer can be a valuable teaching aid for both instructor and student. The students will also gain valuable experience in the area of computer assisted data analysis. This paper discusses many of the programs appropriate for use in econometrics courses. Examples of problems using programs, and several alternative outlines of possible courses in applied econometrics are presented.