Introductory Econometrics: Using Monte Carlo Simulation with Microsoft Excel
"Barreto and Howland have taken a truly innovative approach to teach undergraduate econometrics, using computer simulation methods to illustrate and clarify difficult topics. Fully integrated with Microsoft Excel, this textbook forces students to take a hands-on approach to the subject. There is no better way to learn econometrics than by doing econometrics!"Jason Abrevaya, Purdue University"Barreto and Howland have done an excellent job of producing an introductory econometric textbook based on Excel software combined with a well written and applied intuitive approach to econometrics. In my opinion, their teaching philosophy is absolutely the correct method: Put the student in front of a computer and teach econometrics by doing econometrics"Daniel V. Gordon, University of Calgary"Humberto and Barreto have written a worthwhile and unique textbook on introductory econometrics.  I was initially skeptical that Excel and Monte Carlo simulation could be integrated coherently, but the authors execute it well.  This book has many positives, including accessibility, potential to engage some students who otherwise might not be interested and likelihood of students finishing with a strong understanding of sampling distributions and linear regression...instructors should consider this progressive textbook for their undergraduate econometrics course."Ryan E. Wiegand, Journal of the American Statistical Association