Stephen O. Morrell, Ph.D.

Stephen O. Morrell

Professor of Economics and Finance
Discipline Coordinator, Economics and Finance
Office: Andreas 202
Phone: 305-899-3513
E-mail: smorrell@barry.edu

Teaching Philosophy

"Teaching Economics and Finance to our MBA and undergraduate students is an exciting way to show how ideas and theories have immediate and lasting consequences. I thoroughly enjoy helping students to see how the concepts of economics and finance can be applied to creating value in business, public policy, and their personal lives. The fields are changing rapidly, so there are always new ideas and applications of them."

Dr. Morrell is a Professor of Economics and Finance in the Andreas School of Business at Barry University. He teaches and conducts research in applied economics, security valuation, portfolio theory, and the early foundations of business ethics. In addition, he serves as a faculty advisor to the Barry University Student Managed Investment Fund, an experiential and service learning program where selected students are fully responsible for managing a portion of the University’s endowment fund and for teaching a financial literacy course at a local public high school. Dr. Morrell has been has been a visiting scholar at the Las Casas Institute at Blackfriars Hall, Oxford. He has also served as a visiting professor at the Monterey Institute of Technology (State of Mexico campus) and the Nuremberg Institute of Technology, Georg Simon Ohm, the investment advisor to the endowment fund of Chaminade Madonna College Prep, and as a Senior Research Fellow and Chair of the Florida Council of Economic Advisors for Florida TaxWatch, a public policy research organization in Tallahassee. Dr. Morrell is a member of the American Economic Society, the Allied Social Science Association, and the National Association for Business Economics. He is past Chair of the NABE Financial Section and has been a member of the NABE Economic Policy and Economic Forecast Panels.

2004"Value Creation in an Era of Financial Sector Consolidation." Forthcoming as Chapter 2 in Matthias Fischer, ed. Value Management in Financial Services. Kluwer Academic Publishing.
2003"Equity Market Response to the Shock of 9/11/01: An Empirical Analysis." Forthcoming, Journal of the American Academy of Accounting and Finance.
2002"Citizens Bank Jamaica, Ltd.: Choosing a Value Discipline for an International Bank." With J.Scarborough, Cases in International Business, C. Rarick, editor.
2001"A Capital Asset Pricing Approach to Abandonment Decisions in Real Estate." With B. Payne. Southwestern Economic Review. 28: 1.
2000"A Financial Analysis of Firms Identified by Value Line as Selling with the Widest Discount from Book Value." With B. Payne. Journal of Economic and Business Perspectives. 26: 2.
1999"Trends in the Over-the-Counter Derivatives Market." Journal of Derivatives Risk Management. 7: 2.
1998The Analysis of Portfolio Management Performance. With G.T. Haight. Irwin/McGraw Hill. Japanese translation, 1999.