Modern econometrics requires implementation of highly specialized software. In contrast to mathematical arguments used in implementing new econometric techniques the corresponding software algorithms require specific platforms. The specialization of hardware and software, in fact, seriously impedes the adoption of new methods in applied research. It complicates the proliferation of new techniques and makes it difficult to motivate students to use the methods and to help students to develop an intuitive understanding of the methods in applications. We discuss the potential for reducing these problems through Internet-based econometric computing and instruction. We refer to existing examples of net-based teaching and present concrete examples for interactive teaching of elementary statistics.
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Paper provided by University of Iowa, Department of Economics in its series Working Papers with number
98-06.
Length: 11 Pages Date of creation: Jul 1998 Date of revision: Handle: RePEc:uia:iowaec:98-06
Contact details of provider: Postal: University of Iowa, Department of Economics, Henry B. Tippie College of Business, Iowa City, Iowa 52242 Phone: (319) 335-0829 Fax: (319) 335-1956 Web page: http://tippie.uiowa.edu/economics/ More information through EDIRC
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Find related papers by JEL classification: C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General C19 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Other
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