Andelyn Russell

Andelyn Russell
  • Applied Economics Doctoral Student

Contact Information

  • office Address:

    3000 Steinberg Hall-Dietrich Hall
    3620 Locust Walk
    Philadelphia PA

Teaching

Past Courses

  • BEPP250 - MANAGERIAL ECONOMICS

    This course will introduce you to "managerial economics" which is the application of microeconomic theory to managerial decision-making. Microeconomic theory is a remarkably useful body of ideas for understanding and analyzing the behavior of individuals and firms in a variety of economic settings. The goal of the course is for you to understand this body of theory well enough so that you can effectively analyze managerial (and other) problems in an economic framework. While this is a "tools" course, we will cover many real-world applications, particularly business applications, so that you can witness the usefulness of these tools and acquire the skills to use them yourself. We will depart from the usual microeconomic theory course by giving more emphasis to prescription: What should a manager do in order to achieve some objective? That course deliverable is to compare with description: Why do firms and consumers act the way they do? The latter will still be quite prominent in this course because only by understanding how other firms and customers behave can a manager determine what is beswt for him or her to do. Strategic interaction is explored both in product markets and auctions. Finally, the challenges created by asymmetric information - both in the market and within the firm - are investigated.

Knowledge@Wharton

How to Increase Interest in Government Benefits

Americans would be more likely to claim billions in untapped federal aid if they felt psychological ownership over those benefits, according to a new study from Wharton’s Wendy De La Rosa.

Knowledge @ Wharton - 9/14/2021
The Fed, Inflation and Interest Rates: What’s Ahead?

Federal Reserve Chairman Jerome Powell sent “three significant messages” on the U.S. economic outlook in his address last month in Jackson Hole, Wyoming, according to Wharton’s Christina Parajon Skinner.

Knowledge @ Wharton - 9/14/2021
Confronting Ethical and Moral Dilemmas: Don’t Go It Alone

In this Nano Tool for Leaders, Wharton’s G. Richard Shell explains how “the power of two” can help when you are faced with a moral or ethical dilemma at work.

Knowledge @ Wharton - 9/14/2021