College of Letters & Science

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The College of Letters and Science, the largest center for learning, teaching and research at Montana State University, offers students an excellent liberal arts and sciences education in nearly 50 majors, 25 minors and over 25 graduate degrees within the four areas of the humanities, natural sciences, mathematics and social sciences.

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search.filters.applied.f.department: search.filters.department.Agricultural Economics & Economics.Subject: search.filters.subject.Pedagogy

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    The role of simulations in econometrics pedagogy
    (2014-12) Bekkerman, Anton
    This article assesses the role of simulation methods in econometrics pedagogy. Technological advances have increased researchers' abilities to use simulation methods and have contributed to a greater presence of simulation-based analysis in econometrics research. Simulations can also have an important role as pedagogical tools in econometrics education by providing a data-driven medium for difficult-to-grasp theoretical ideas to be empirically mimicked and the results to be visualized and interpreted accessibly. Three sample blueprints for implementing simulations to demonstrate foundational econometric principles provide a framework for gauging the effectiveness of simulation analysis as a pedagogical instrument.
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