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Course Catalog

313.639.01 INTRODUCTION TO MICROECONOMICS

Term: 1st term
Credits: 3 credits
Contact: Alan Sorkin
Academic Year: 2014 - 2015
Course Instructor:
Description:

Introduces economics of the business enterprise, the household, and the industry. Topics include supply and demand, price and income elasticity, equilibrium of the firm, and the measurement of poverty and inequality

Learning Objective(s):
Upon successfully completing this course, students will be able to:
Outline and explain the fundamental issues that underlie health economics
Discuss the concepts of health production and demand for healthcare services
Discuss the challenges of financing and providing healthcare
Describe how hospitals and physician services are organized
Discuss how market forces and public policy affects healthcare providers

Methods of Assessment: Exams include two separate final examinations each quarter: (1) on basic microeconomic concepts and (2) on the application of these concepts to health and health care.
Location: East Baltimore
Class Times:
  • Tuesday 3:30 - 4:50
  • Thursday 3:30 - 4:50
Enrollment Minimum: 10
Enrollment Restriction: undergraduates are NOT permitted in this course.
Instructor Consent: No consent required
Grading Restriction: Letter Grade or Pass/Fail
Jointly Offered With: