IDEAS home Printed from https://ideas.repec.org/a/che/chepap/v14y2001i2p4-6.html
   My bibliography  Save this article

Using Microsoft Excel in Principles of Economics

Author

Listed:
  • J. Wilson Mixon, Jr.

    (Campbell School of Business, Berry College, Mount Berry, GA)

  • Soumaya Tohamy

    (Campbell School of Business, Berry College, Mount Berry, GA)

Abstract

Economic models must be presented to students in one or more of the following four ways: verbally, with tables, with algebraic formulations, or with graphs. Combining two or more of these adds to students' ability to learn the lessons we wish to teach. We have concluded that Microsoft Excel provides an excellent medium for combining the tabular, algebraic and graphic formulations of our models. Even verbal representation can be facilitated by the insertion of comments into cells and text boxes into the worksheets. Among its many advantages, it allows instructors great latitude in combining these modes of representation: in beginning courses, graphs and tables may be brought to the fore, with algebra hidden, while in more advanced courses, students may examine the mechanics of quite complex models within spreadsheets. The advantages of spreadsheets have been stressed (Cahill and Kosicki, 2000, p. 770; Mixon and Tohamy, 1999, p. 4). This paper shows how spreadsheets can be used to help students learn the material in a Principles of Economics course. It does this by exhibiting a selection of worksheets that we have employed and describing how each worksheet is used in the course. Before looking at individual sheets, however, we briefly review the evolution of this project.

Suggested Citation

  • J. Wilson Mixon, Jr. & Soumaya Tohamy, 2001. "Using Microsoft Excel in Principles of Economics," Computers in Higher Education Economics Review, Economics Network, University of Bristol, vol. 14(2), pages 4-6.
    • Handle: RePEc:che:chepap:v:14:y:2001:i:2:p:4-6
    as

    Download full text from publisher

    File URL: https://www.economicsnetwork.ac.uk/cheer/ch14_2/mixon.htm
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pezzino, Mario, 2016. "Understanding strategic competition using numerical simulations and dynamic diagrams in Mathematica," International Review of Economics Education, Elsevier, vol. 22(C), pages 34-47.
    2. Gilbert John & Oladi Reza, 2007. "Simulating Tariffs vs. Quotas with Domestic Monopoly," Journal of Industrial Organization Education, De Gruyter, vol. 2(1), pages 1-11, October.
    3. Reza Oladi & John Gilbert, 2006. "A Simulation Experiment of a Customs Union," Computers in Higher Education Economics Review, Economics Network, University of Bristol, vol. 18(1), pages 29-33.
    4. Gorry, Devon & Gilbert, John, 2015. "Numerical simulations of competition in quantities," International Review of Economics Education, Elsevier, vol. 18(C), pages 49-61.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:che:chepap:v:14:y:2001:i:2:p:4-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Martin Poulter (email available below). General contact details of provider: https://www.economicsnetwork.ac.uk/cheer .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.