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Course Catalog

313.639.01 INTRODUCTION TO MICROECONOMICS

Department:
Health Policy and Management
Term:
1st term
Credits:
3 credits
Academic Year:
2014 - 2015
Location:
East Baltimore
Class Times:
  • Tu Th,  3:30 - 4:50pm
Grading Restriction:
Letter Grade or Pass/Fail
Contact:
Alan Sorkin
Course Instructor:

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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 Objectives:

Upon successfully completing this course, students will be able to:

  1. Outline and explain the fundamental issues that underlie health economics
  2. Discuss the concepts of health production and demand for healthcare services
  3. Discuss the challenges of financing and providing healthcare
  4. Describe how hospitals and physician services are organized
  5. 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.

Enrollment Restriction:

undergraduates are NOT permitted in this course.

Instructor Consent:

No consent required

Jointly Offered With: