An alternative approach for introducing instrumental variables in econometrics courses is presented in this article. The method is based on the ordinary least squares omitted variable bias formula. The intuition for the approach capitalizes on students' understanding and intuition of omitted variables. Thus, if students understand omitted variable…

Describes a course which uses integrated electronic spreadsheets for computer assisted instruction in teaching multiple regression analysis. The process of implementing the method is explained, tips on worksheet arrangement are given, and advantages of using electronic spreadsheets are delineated. (Author/MBR)

University Malaya enrolls students from all states in Malaysia as well as a small number of students from overseas. The objective of this paper is to investigate the effect of past performance on students at three faculties, namely, Faculty of Economics and Administration(FEA), Faculty of Business and Accounting(FBA) and Faculty of Arts and Social…

Maintains that the equal marginal value principle may not be optimal in the analysis of the cost-effectiveness of policies to reduce auto emissions, the economics of garbage disposal, and the economics of pollution abatement. Argues that examining these exceptions can help students understand the equal marginal value principle. (MJP)

Maintains that there is an inconsistency in the regression analysis of the data presented in Maureen J. Lage and Michael Treglia's 1996 article, "The Impact of Integrating Scholarship on Women into Introductory Economics." The authors admit the error, correct it, and report no difference in their original conclusions. (MJP)

Rectifies the unsatisfactory textbook treatment of the finite-sample proprieties of estimators of regression models with a lagged dependent variable and autocorrelated disturbances. Maintains that the bias of the ordinary least squares estimator is determined by the dynamic and correlation effects. (MJP)

Reports on the replication of Jane Leuthold's experiment concerning consumer choice, investments, and free riding indexes. This experiment, conducted in an Israeli undergraduate economics class, broadened the subjects' characteristics questionnaire to include issues of social consciousness and altruism. Includes four tables of statistical data.…