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Course Catalog

313.641.01 Health Economics I

Health Policy and Management
2nd term
3 credits
Academic Year:
2012 - 2013
East Baltimore
Class Times:
  • Tu Th,  3:30 - 4:50pm
Auditors Allowed:
Yes, with instructor consent
Grading Restriction:
Letter Grade or Pass/Fail
David Bishai
Course Instructor:

313.639 1st term or 313.670 1st term or permission of instructor


Introduces students to the application of economic tools to the analysis of the interaction among the many stakeholders in the health care system and the public health system. Uses a standard medical care economics text as the main reference guide; also draws on a combination of other texts that either use economic tools to draw contrasting conclusions, or that consider the economics of issues related more directly to public health topics.

Learning Objectives:

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

  1. compare and contrast the demand for health and health care
  2. motivate the demand for protection from health care expenditures
  3. describe the economics of production of health services,
  4. discuss the production and supply of medical personnel
  5. discuss the supply of the pharmaceutical products
  6. discuss the economics of public health externalities
  7. describe the role of government in remedying market failures in the health care sector
  8. discuss the economics of public health issues including obesity, food safety, injury prevention, and infectious disease
Methods of Assessment:

Student evaluation based on homework assignments, a mid-term, and a final exam.

Enrollment Restriction:

Undergraduates are NOT permitted in this course

Instructor Consent:

No consent required

Jointly Offered With:
Special Comments:

There is a weekly “optional lab” during which the teaching assistant will work through problems with the students so that students are able to keep up with the material being covered.