Spreadsheet Models for Managers


Getting Access to Spreadsheet Models for Managers


If Spreadsheet Models for Managersyou use Excel to model businesses, business processes, or business transactions, this course will change your life. You’ll learn how to create tools for yourself that will amaze even you. Unrestricted use of this material is available in two ways.

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Spreadsheet Models for Managers

Session 14 Home Page
Using Macros II

As we’ve seen, function macros are macros that return values. They correspond to Excel’s family of worksheet functions, and provide a way for you to add capability transparently to the user. In the previous session, we looked at function macros that return a single value — scalar function macros. In this session, we’ll examine array function macros — macros that return a rectangular array of values. Convolution is an example of such a macro.

To deal with array macros, we’ll have to learn about iteration and dynamic arrays — two techniques that are fundamental to manipulating arrays of data.

Array macros give you a means of handling blocks of data with a single macro, which, when combined with the array manipulation techniques we used early in the course, can dramatically simplify your spreadsheet models.

Below is a summary of the materials for Session 14.

Last Modified: Wednesday, 27-Apr-2016 04:15:26 EDT

How to Measure the Value of a Function Macro

The value of a function macro increases with frequency of use, the complexity of the calculation it performs, and the area of the result it returns. As you examine the computations you perform routinely in your work, make note of those computations that meet these criteria. Before committing yourself to writing a macro to carry out one those computations, try various methods for implementing it using standard built-in worksheet functions. That effort might clarify for you the kernel of the computation that benefits most from a macro-based approach.