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Computational Economics: Help for the Underestimated Undergraduate


  • David Kendrick
  • P. Mercado
  • Hans Amman


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 computers and computation and we are not taking full advantage of this opportunity. We suggest a set of examples from computational economics which are challenging enough to motivate students and simple enough that they can master them within a few hours. By encouraging the students to modify the models in directions of their own interest avenues for creative endeavor are opened which deeply involve the students in their own education.
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Suggested Citation

  • David Kendrick & P. Mercado & Hans Amman, 2006. "Computational Economics: Help for the Underestimated Undergraduate," Computational Economics, Springer;Society for Computational Economics, vol. 27(2), pages 261-271, May.
  • Handle: RePEc:kap:compec:v:27:y:2006:i:2:p:261-271 DOI: 10.1007/s10614-006-9027-5

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    References listed on IDEAS

    1. Tesfatsion, Leigh & Judd, Kenneth L., 2006. "Handbook of Computational Economics, Vol. 2: Agent-Based Computational Economics," Staff General Research Papers Archive 10368, Iowa State University, Department of Economics.
    2. Mercado, P Ruben & Kendrick, David A & Amman, Hans, 1998. "Teaching Macroeconomics with GAMS," Computational Economics, Springer;Society for Computational Economics, vol. 12(2), pages 125-149, October.
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    Cited by:

    1. Ann L Owen, 2007. "Integrating Computer Applications Into Economics Electives," International Review of Economic Education, Economics Network, University of Bristol, vol. 6(1), pages 77-92.

    More about this item


    computational economics; undergraduate economics; teaching economics;

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation


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