In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses a recent U.S. News & World Report ranking that rated two Connecticut cities in the top four as the most expensive places to live nationwide.
Patrick Gourley, Ph.D.
Economics & Business Analytics Department
Pompea College of Business
About Patrick
Originally from Naperville, Illinois, Dr. Gourley earned a bachelor’s degree in economics and English from the University of Illinois Urbana-Champaign. Following graduation he moved to Phnom Penh, Cambodia, and taught English at Pannasastra University. After serving as a research assistant in 2011 under Prof. Werner Baer in Rio de Janeiro, Brazil, he began graduate school at the University of Colorado Boulder. In 2016 he was awarded a Ph.D. in economics and began as an assistant professor at the University of New 51.
Dr. Gourley's research examines the world around us, from how resource booms influence crime to the impact of economic growth on Green Party electoral success. Always interested in pursuing engaging questions, his research cuts across traditional economic subfields. In the classroom, Dr. Gourley has taught many courses and always tries to link current events with economic theory.
News and In the Media
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on his concerns about Vice President Kamala Harris's proposed economic plan to fix price gouging and what she calls excessive profits.
In the Media
Patrick Gourley, associate professor of economics and business analytics; James Mohs, associate professor of accounting and taxation; and John Rosen, adjunct professor of economics, give their perspectives on whether it is better to rent or buy a home.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the labor market as the number of people looking for a job is rising, but available employment has diminished.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses how the government's response to the pandemic impacts the housing market, mortgage rates, and the crucial National Association of Realtors settlement.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the impact of the Francis Scott Key bridge collapse on the local and national economy after a cargo ship crashed into it, closing the port for potentially the next few years.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses how Connecticut may see a rise in small cargo ships at the ports in New London and New 51 that will be rerouted following the collapse of the Key Bridge in Baltimore.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments that teenage labor force statistics are "highly procyclical."
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses why gas prices will increase nationwide and how high they may go.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses why gas prices will continue to rise nationwide.
In the Media
Angeli Gianchandani, a practitioner in residence of marketing and the MBA program, and Patrick Gourley, associate professor of economics and business analytics, comment on the high price of groceries since the pandemic and why it is one of the economic areas that has not recovered even though inflation has slowed.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses Connecticut Governor Ned Lamont’s withdrawal of regulations that would phase out gas-powered vehicles by 2035.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses why industries with hidden fees – that could conceal the real cost to consumers – may file lawsuits against the government if those fees are eliminated.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the housing market, including interest rates and the cost of remodeling a home in Connecticut.
In the Media
Patrick Gourley, associate professor of economics and business analytics, wrote an op-ed on the pros and cons of the SAVE plan, which is designed to assist student loan borrowers.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses how the Federal Reserve would be impacted if there is a government shutdown.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses why the price of olive oil has skyrocketed to an all-time high.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the restart of student loan interest and payments after a three-year pause.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the Biden administration's federal loan repayment plan for students called SAVE, Saving on A Valuable Education.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on how the trade wars with China over semiconductor chip manufacturing will have an impact for years to come.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, discusses why gas prices are increasing this summer.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on the cost of back-to-school supplies as inflation impacts several supply chains, including paper.
In the Media
Patrick Gourley, associate professor of economics, discusses the Student Loan Forgiveness plan, impacting 40 million Americans, which the U.S. Supreme Court rejected, ruling that the Biden Administration does not have the sole authority to implement it.
In the Media
Patrick Gourley, associate professor of economics and business analytics; Michael Rossi, associate dean of the College of Arts and Sciences; and Zelda Roland, Prison Project Director, commented on the success of the University of New 51’s and Yale University’s Prison Education program and its impact on incarcerated students and the professors who are teaching in the program.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on the upcoming decision from the U.S. Supreme Court and the complexities of the Student Loan Forgiveness Plan.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the restart of student loan payments and the upcoming Supreme Court decision on the Student Loan Forgiveness Plan.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on what government services may be impacted if Congress does not act on raising the debt ceiling.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the consequences if the U.S. were to default on its debt if both sides of the aisle cannot agree to a deal.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on how the global market and OPEC control the price of gas.
In the Media
Patrick Gourley, associate professor of economics and business analytics, says it’s a good time for businesses to review their Covid-related policies and determine whether they should be continued in the future.
In the Media
Patrick Gourley, associate professor of economics, discusses how the economy impacts the reelection bid of an incumbent president, and he identifies the one product that historically can be their downfall.
In the Media
Patrick Gourley, associate professor of economics, says prices will rise quickly for consumers due to OPEC cutting production and the end of the gas tax holiday this month.
In the Media
Patrick Gourley, associate professor of economics, comments that homeowners receiving foreclosure notices should consult an attorney, as it may not necessarily mean filings have been completed.
In the Media
Patrick Gourley, associate professor of economics, discusses the slowdown of inflation and says there is still more work for the Federal Reserve to consider on rate hikes coming up in May.
In the Media
Patrick Gourley, associate professor of economics, discusses the impact on lenders, colleges, and students as the Supreme Court considers the validity of President Biden’s student loan forgiveness plan.
In the Media
Patrick Gourley, associate professor of economics, discusses President Biden's Federal Student Loan Forgiveness Plan that is headed to the Supr eme Court as, Dr. Gourley points out, millions of borrowers add interest while waiting for a decision.
In the Media
Patrick Gourley, associate professor of economics, discusses a number of brick-and-mortar pharmacies cutting their hours as internet companies are launching home-delivery services for generic medications and offering lower prices.
In the Media
Patrick Gourley, associate professor of economics, talks about China being the world’s largest producer of products.
In the Media
Patrick Gourley, associate professor of economics, discusses the economic outlook for 2023, including fuel prices and the consumer product index.
In the Media
Patrick Gourley, assistant professor of economics, talks about fuel prices declining and projects that gas prices will go up in February.
In the Media
Patrick Gourley, associate professor of economics, talks about how long the high price of food will last and when consumers can get relief.
In the Media
Patrick Gourley, associate professor of economics, talks about the rising cost of food and why prices won’t come down anytime soon.
In The Media
Patrick Gourley, associate professor of economics, breaks down the U.S. Bureau of Labor’s CPI report for goods and services for October.
In the Media
Patrick Gourley, associate professor of economics, says a dispute in midterm election results may cause a market fluctuation.
In the Media
Patrick Gourley, associate professor of economics, discusses the student loan forgiveness plan, who is eligible, and the lawsuits pending for those deemed ineligible.
In the Media
Patrick Gourley, associate professor of economics, discusses the rising cost of gas and home heating oil and the impact it will have this winter on consumers across the country.
In the Media
Patrick Gourley, associate professor of economics, talks about the impact on consumers as OPEC has cut oil production as the winter season approaches.
In the Media
Patrick Gourley, associate professor of economics, comments on the low number of filings for new unemployment benefits, explaining, though, that it is too early to tell if the Fed can create a so called “soft landing” when it comes to interest rates and inflation.
In the Media
Patrick Gourley, associate professor of economics and business analytics, says one of the consequences of the student loan forgiveness plan could be an increase in college tuition.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments that the freeze of student loan payments and the forgiveness plan may significantly impact inflation.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the student loan forgiveness plan. Although designed to help low to middle-class households, it will also help upper-class households.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the student loan forgiveness plan and the continuation of a freeze on payments that he predicts could significantly impact inflation.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the student loan forgiveness plan and the impact on the average American.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the student loan forgiveness plan and comparisons being made to corporate bailouts. The big difference is corporate bailouts went through Congress.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses the student loan forgiveness plan and how changing loan contracts will impact future loan agreements.
In the Media
Patrick Gourley, associate professor of economics, talks about the demand and supply curve for gas and the recent price decreasing slightly.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses a possible recession and how consumers can manage their budgets with the current inflation prices.
In the Media
Patrick Gourley, associate professor of economics and business analytics, discusses a letter Gov. Lamont sent to businesses in states that have now banned or limited abortions, inviting them to relocate to Connecticut.
In the Media
Brian Marks, senior lecturer and executive director of the Entrepreneurship and Innovation Program, and an instructor in the Health Administration and Policy department, and Patrick Gourley, associate professor of economics and business analytics, wrote an op-ed on Connecticut’s decision to create a gas tax holiday to help consumers with skyrocketing fuel prices.
In the Media
Patrick Gourley, assistant professor of economics, says this is not the first business that has opted to go cashless, but he is concerned about legal challenges, as some states require businesses to accept currency.
In the Media
Patrick Gourley, assistant professor of economics, talks about the rising price of gas and how the economy is tied to it, directly and indirectly, as American consumers use 2.5 billion barrels of oil a year.
In the Media
Matthew Schmidt, associate professor of national security, international affairs, and political science, and Patrick Gourley, assistant professor of economics and business analytics, discuss the outlook and impact on the U.S. as Russia invades Ukraine.
In the Media
Patrick Gourley, associate professor of economics, says that the market's volatility is to be expected based on what the projections are for that day.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, says the increased demand for goods is partially responsible for inflation this holiday season.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, says although costs have gone up for flying, the holiday season is not the airlines’ busiest time of year.
In the Media
Patrick Gourley, assistant professor of economics; Robert Sanders, associate professor and chair of national security; and Karl Minges, interim dean of the School of Health Sciences, all discuss the West 51 2021 Equity Profile Report on homeownership, equity, education, health, and economic disparities.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the current housing market and if the Federal Reserve will keep interest rates near zero.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on leisure and business travel for the airlines dealing with the impact of Delta variant.
In the Media
Patrick Gourley, assistant professor of economics, comments on the stimulus package policy makers are debating.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, talks about the increase in demand for delivery services this holiday season.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the viability of brick-and-mortar stores in the age of COVID.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the difference of being a millionaire on paper and having money in the bank.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on making purchases you need, rather than to distract, to avoid accruing debt.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the usefulness of having fulfillment centers nearer to delivery points at malls.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the reasons for shortages in supply chains.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, discusses the next round of stimulus checks and the ending of federal unemployment benefits.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the reluctance for some to give up unemployment benefits.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on hazard pay for a variety of industries for the additional risk of working amid the pandemic.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, talks about the businesses that have been and will continue to be impacted by the coronavirus.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on the economic impact of protests on the economy and retail store buyers.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on how retailers need to reassure the public it is safe to come back in the store.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on making purchases during a recession.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, comments on how local governments are handling the shortfall in taxes from retail sales.
In the Media
Patrick Gourley, assistant professor, economics and business analytics, comments on the reopening of retail businesses.
In the Media
Patrick Gourley, associate professor of economics and business analytics, comments on the global market and cost of making products in America.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, talks about the economic impact of the coronavirus.
In the Media
Patrick Gourley, assistant professor, economics and business analytics, gave tips on navigating unemployment.
In the Media
Patrick Gourley, assistant professor, economics and business analytics, gave tips on navigating unemployment from the #AskReuters Twitter chat series.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, is one of seven analysts discussing the global economy and stock markets.
In the Media
Patrick Gourley, assistant professor economics and business analyst, discusses the impact on supply chains and how this is growing exponentially.
The Charger Blog
University of New 51 Professors’ Analysis of Coronavirus Goes Far Beyond Public Health
Faculty members from across the University are joining School of Health Sciences public health researchers in sharing their expertise in areas ranging from the economy and technology to travel and tourism to examine the global impact of the coronavirus outbreak.
In the Media
Patrick Gourley, assistant professor of economics and business analytics, discusses the two crucial mechanisms that will decide the economic impact of the coronavirus.
In the Media
Patrick Gourley, assistant professor of economics, co-authored a paper illustrating how using a game can help teach economic theory.
In the Media
Patrick Gourley, assistant professor of economics, comments on the effect that mass shootings have on communities and local housing markets.
The Charger Blog
Professor Creates Scholarship to Share Passion for ‘Global Citizenship’ with Students
Patrick Gourley, assistant professor of economics, is passionate about traveling and experiencing the world, and he created a scholarship to enable students to do just that.
In the Media
Research by assistant economics professor Patrick Gourley that found professors experience a persistent decline in student course evaluations upon receiving tenure was cited in an opinion piece calling for reform in the tenure system.
In the Media
Patrick Gourley, assistant professor of economics at the University of New 51, discusses his findings on tenure related bias within SETs.
Students in Patrick Gourley’s Economics in Transition class traveled to Cuba to study the rapidly changing economic environment. The students spent six days in Havana, and two in Varadero.
Patrick Gourley, assistant professor of economics, and Tom Pezzolesi, an economics student from Waterford, Conn., discuss their experience taking the course where students traveled to Cuba and studied their economy.
WTIC Fox 61: Patrick Gourley and Economics Student Discuss Capstone Project on Good Day Connecticut
Patrick Gourley, assistant professor of economics, and Vanessa Lopez, a senior majoring in economics, discuss a capstone project that uncovered some interesting findings about the New 51 economy and progress made in Connecticut. (Link not available)
Patrick Gourley, assistant professor of economics, comments on President Trump’s executive order mandating withdrawal from the Trans-Pacific Partnership (TPP).