Author Profile
Murphy, Daniel
Fiscal Policy’s (In)direct Effects: Lobbying Priorities at Northrop Grumman
Murphy, Daniel Saffie, Felipe Harrison, Bryan
GEM-0232 | Published May 27, 2025 | 23 pages Case
Collection: Darden School of Business
In the lead-up to the 2024 US elections, Northrop Grumman CEO Keri Waller convenes her executive team to reassess the company’s lobbying priorities amid a shifting fiscal and political environment. Wi... Read More
AB InBev: Market Power in the New Antitrust Era
Murphy, Daniel Saffie, Felipe Harrison, Bryan
GEM-0222 | Published July 10, 2024 | 13 pages Case
Collection: Darden School of Business
Sally Maven had advised many clients about pricing strategies over the years, but in the fall of 2023, she felt anxious about how to direct her newest customer, multinational brewer Anheuser-Busch (AB... Read More
Light Rail in Denver?: The Private Sector and Infrastructure Development (B)
GEM-0199 | Published December 08, 2023 | 9 pages Case
Collection: Darden School of Business
This case, a follow-up to "Light Rail in Denver?: The Private Sector and Infrastructure Development (A)" (UVA-GEM-0188) revisits Nwanneoma "Neena" Ngondai as she reflects on the work of the Denver Reg... Read More
Implications of the Macroeconomy for Business and Life
GEM-0218 | Published July 07, 2023 | 3 pages Technical Note
Collection: Darden School of Business
This technical note explores how the macroeconomy affects businesses and individuals in everyday life, from pricing to job prospects to investing. Students of macroeconomics will gain insight into the... Read More
Comparison of Markets and Governments in Denmark and the United States
GEM-0200 | Published October 24, 2022 | 37 pages Case
Collection: Darden School of Business
This case follows Pedro Espinosa, an economist working at the US Department of Health and Human Services, who was on the advisory board that oversaw collecting, summarizing, and reporting data on the ... Read More
Accessory Dwelling Units in California: The Roles of the Private and Public Sectors
Murphy, Daniel Maiden, Stephen E.
GEM-0198 | Published June 21, 2022 | 11 pages Case
Collection: Darden School of Business
This case examines California’s housing crisis and the growing market for Accessory Dwelling Units (ADUs)—secondary housing units built on single-family primary residential lots—within the state. Cali... Read More
Financial Markets and Society
GEM-0192 | Published September 09, 2021 | 12 pages Case
Collection: Darden School of Business
This case follows Maxine Waters, chairwoman for the US House of Representatives Committee on Financial Services, as she faces the stock market phenomenon in early 2021 surrounding GameStop. The mornin... Read More
California's Affordable Housing Crisis
GEM-0194 | Published August 30, 2021 | 27 pages Case
Collection: Darden School of Business
This public-sourced case uses the California housing crisis to analyze economic policy in an environment featuring a rising cost of living and shrinking affordable housing options. The case discusses ... Read More
Monetary Policy and the Federal Reserve
GEM-0193 | Published August 16, 2021 | 19 pages Technical Note
Collection: Darden School of Business
What is monetary policy and what is the Federal Reserve’s (Fed’s) role in determining monetary policy in the United States? How are changes in monetary policy implemented and how do these changes affe... Read More
Governments and Markets in the 21st Century
GEM-0187 | Published July 15, 2021 | 20 pages Case
Collection: Darden School of Business
As Joseph Biden began his presidency in early 2021, he was faced with the enormous task of balancing his more centrist tendencies with the increasingly activist part of his coalition. More generally, ... Read More
Light Rail in Denver?: The Private Sector and Infrastructure Development (A)
GEM-0188 | Published May 12, 2021 | 19 pages Case
Collection: Darden School of Business
This case follows Nwanneoma "Neena" Ngondai and her work on the proposed FasTracks program, a large-scale commuter rail initiative in Denver. Ngondai’s job was to determine whether the FasTracks progr... Read More
Policy Responses to Modern Economic Crises
GEM-0182 | Published September 23, 2020 | 17 pages Case
Collection: Darden School of Business
In March 2020, Jay Powell, Federal Reserve (Fed) chairperson, faced a daunting prospect that only a few months prior seemed like a remote possibility: massive expansion of the Fed’s balance sheet. Ove... Read More
The Economics of Competitive Markets
GEM-0180 | Published August 05, 2020 | 11 pages Technical Note
Collection: Darden School of Business
This note describes how the behaviors of competitive buyers and sellers interact to determine market outcomes—the price at which a product is sold, and the quantity of a product that is exchanged. It ... Read More
Jerome Powell: Navigating a New Course?
GEM-0165 | Published September 21, 2018 | 18 pages Case
Collection: Darden School of Business
In February 2018, Jerome Powell had taken over as chair of the FOMC. At first glance, the macroeconomic conditions inherited by Powell appeared favorable for continued stability: unemployment and infl... Read More
Ten Years After the Global Financial Crisis: A Pension Fund's Retrospective
GEM-0163 | Published September 17, 2018 | 14 pages Case
Collection: Darden School of Business
Ebony Jones manages asset allocation for Colorado’s Public Employee Retirement Association (PERA). She is worried that some asset price measures are approaching levels observed prior to the Great Rece... Read More
Modernizing France or Dismantling Its Social Contract? Macron's Reforms
GEM-0164 | Published September 17, 2018 | 12 pages Case
Collection: Darden School of Business
This case uses France’s labor market and regulation reforms in 2018 to illustrate how deregulation and labor market reforms can affect an economy’s potential GDP. The case discusses President Emmanuel... Read More
BE Oil
Murphy, Daniel Lipson, Marc L.
GEM-0161 | Published August 20, 2018 | 5 pages Case
Collection: Darden School of Business
Quentin Bell, the owner of a small oil extraction firm, BE Oil, owns the rights to drill on six different wells. Drilling requires substantial up-front costs, and each well has different drilling cost... Read More
Brazilian Stagflation
GEM-0145 | Published October 04, 2017 | 11 pages Case
Collection: Darden School of Business
Alexandre Tombini, the governor of the Central Bank of Brazil, faced a difficult situation in July 2015. Inflation was in the double digits, well above the target rate of 4.5%, and unemployment had in... Read More
Open-Economy National Income Accounting and the IS/LM Model
Warnock, Francis E. Murphy, Daniel
GEM-0128 | Published December 17, 2015 | 14 pages Technical Note
Collection: Darden School of Business
When we introduce macroeconomic models, we assume that goods and services are exchanged within a single country but not across countries. This assumption is useful for understanding some of the primar... Read More
Aggregate Demand and Aggregate Supply
GEM-0127 | Published September 08, 2014 | 22 pages Technical Note
Collection: Darden School of Business
This note extends the IS/LM model to incorporate changes in the aggregate price level and to permit output to be determined by aggregate supply and demand. The note introduces the concept of the full-... Read More
A Brief Introduction to Macroeconomics
GEM-0125 | Published September 02, 2014 | 16 pages Technical Note
Collection: Darden School of Business
This technical note sets the groundwork for a module on macroeconomics by introducing concepts and definitions that will be revisited in subsequent technical notes. The note begins by introducing nati... Read More
The IS/LM Model
GEM-0126 | Published September 02, 2014 | 12 pages Technical Note
Collection: Darden School of Business
This technical note introduces the basic structure of the workhorse IS/LM model for a closed economy (i.e., one that does not engage in international trade). The note derives the core components of th... Read More
Japan's Economics: Abenomics from the Front and Rearview Mirrors
GEM-0150 | Published | 15 pages Case
Collection: Darden School of Business
When Kazuo Ueda took the reins as governor of the Bank of Japan (BOJ) in April 2023, he signaled that he would continue the ultra-loose monetary policy that had characterized Japan’s central bank for ... Read More