IDEAS home Printed from
   My bibliography  Save this paper

New Uses for Spreadsheets in Intermediate Macroeconomics: Dynamic Neoclassical and New Keynesian Models


  • Miles Cahill

    () (Department of Economics, College of the Holy Cross)

  • George Kosicki

    () (Department of Economics, College of the Holy Cross)


Because modern macroeconomics is by nature dynamic, the mathematics involved are often difficult for undergraduate students to grasp. Unfortunately, numerical examples that are helpful in clarifying other technical areas of economics are very time consuming and even intractable when using pen, paper and calculator. This paper introduces spreadsheet applications that solve a large variety of numerical exercises for two types of dynamic macroeconomic models. These applications revolve around a neoclassical (Solow) growth model, and a new Keynesian IS-LM/AS-AD model. As one of the exercises, the AS-AD model is modified to incorporate the neoclassical assumptions of the permanent income hypothesis and rational expectations.

Suggested Citation

  • Miles Cahill & George Kosicki, 2000. "New Uses for Spreadsheets in Intermediate Macroeconomics: Dynamic Neoclassical and New Keynesian Models," Working Papers 0001, College of the Holy Cross, Department of Economics.
  • Handle: RePEc:hcx:wpaper:0001

    Download full text from publisher

    File URL:
    File Function: Final published version
    Download Restriction: no

    More about this item


    economics; teaching; computer software; spreadsheet; Microsoft Excel;

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hcx:wpaper:0001. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.