Spreadsheet Modeling and Wrangling with Python

Abstract

A staple of many spreadsheet-based management science courses is the use of Excel for activities such as model building, sensitivity analysis, goal seeking, and Monte-Carlo simulation. What might those things look like if carried out using Python? We describe a teaching module in which Python is used to do typical Excel-based modeling and data-wrangling tasks. In addition, students are exposed to basic software engineering principles, including project folder structures, version control, object-oriented programming, and other more advanced Python skills, creating deployable packages and documentation. The module is supported with Jupyter notebooks, Python scripts, course web pages that include numerous screencasts, and a few GitHub repositories. All of the supporting materials are permissively licensed and freely accessible.Supplemental Material: The supplemental files are available at https://doi.org/10.1287/ited.2023.0047 .