Caitlin Gorback

Caitlin Gorback
  • Applied Economics Doctoral Student

Contact Information

  • office Address:

    3000 Steinberg Hall-Dietrich Hall
    Philadelphia, PA 19104

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 compared 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 determin what is best 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.

  • BEPP950 - MANAGERIAL ECONOMICS

    Public goods, externalities, uncertainty, and income redistribution as sources of market failures; private market and collective choice models as possible correcting mechanisms. Microeconomic theories of taxation and public sector expenditures. The administration and organization of the public sector.

Knowledge@Wharton

What Will Maduro’s Re-election Mean for Venezuela?

Following Venezuela’s presidential election on Sunday, experts say the country’s economic and humanitarian crises will only worsen unless key players like Russia and China work with the U.S. to find a solution.

Knowledge @ Wharton - 2018/05/22
Network Synergy: A New Way to Value M&A

Research by Wharton’s Exequiel Hernandez shows that corporate alliances matter nearly as much as internal synergies in valuing M&A.

Knowledge @ Wharton - 2018/05/22
Can Bundled Payments Help Control Health Care Costs?

Hospitals can cut medical bills and raise the quality of care by bundling up multiple services in one bill, notes new research by Penn medicine's Amol Navathe.

Knowledge @ Wharton - 2018/05/21