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The teaching of computational economics to graduate students has mostly been in a single course with a focus on algorithms and computer code. The shortcoming with this approach is that it neglects one of the most important aspects of computational economics - namely model development skills....
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This paper revisits an area of economic research that was very active some years ago and, after a quiet period, is once again becoming active. Adaptive control models consider not only additive uncertainty but also mulitplicative uncertainty in the model parameters as well as measurement error....
Persistent link: https://www.econbiz.de/10005345084
Our concern in this paper is that the capability of economics undergraduates is substantially underestimated in the design of the present college curriculum and that our students are insufficiently challenged and motivated. Students enter our classrooms with substantial previous knowledge about...
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