330.606.01 ECONOMICS OF MENTAL HEALTH AND SUBSTANCE USE DISORDERS
Uses real-world issues and case studies to analyze economic decision-making techniques in the context of behavioral health care systems and markets. Examines concepts of economic costs; measurement of mental health services utilization; modeling of mental disorders and employment; financing of behavioral health care; and payments models and insurance markets for behavioral heath. Students are introduced to (1) the principles of opportunity cost, (2) supply and demand for behavioral health, (3) imperfect information and physician-induced demand, (4) moral hazard and adverse selection in insurance markets, and (5) cost-outcome methods of mental health programs.
Upon successfully completing this course, students will be able to:
Identify the information needed to conduct a cost analysis, cost-benefit analysis, and cost-effectiveness analysis with reference to mental disorders; interpret reports on economic cost of mental disorders
Explain the basis of economic models of health services utilization and employment with reference to mental illness
Understand the financing scheme of mental health treatment
- Tuesday 1:30 - 2:50
- Thursday 1:30 - 2:50