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Course Catalog

313.643.01 HEALTH ECONOMICS I

Term: 2nd term
Credits: 3 credits
Contact: Douglas Hough
Academic Year: 2013 - 2014
Course Instructor:
Description:

Introduces the analytical tools of economics and applies them to issues in healthcare. Topics include: resource allocation in health care; government as payor and regulator; asymmetric information and the role of agency; the market for health insurance; market structure and competitive strategy as it applies to health care organizations; the market for labor in health care; and the market for innovations and technology. Uses mainstream neoclassical microeconomic theory as the basis for analysis, but also explores the implications when the assumptions of this model are violated. Uses a standard health economics text as the main reading, but uses journal articles in the field to examine how the profession is analyzing health care and public health issues.

Learning Objective(s):
Upon successfully completing this course, students will be able to:
Apply economic tools appropriately to analyze issues in health care and public health
Develop a critically constructive style of analysis of issues in health care organizations, delivery, and financing, as well as health policy
Integrate current literature on economic concepts, methods, and applications to issues in health care and public health
Apply lessons from class to real-life situations, in health care and public health

Methods of Assessment: Student evaluation based on homework assignments, a mid-term, and a final exam.
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
Auditors Allowed: No
Grading Restriction: Letter Grade or Pass/Fail
Jointly Offered With: