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313.644.01 Health Economics II

Health Policy and Management
3rd term
3 credits
Academic Year:
2013 - 2014
East Baltimore
Class Times:
  • Tuesday,  6:00 - 9:00pm
Auditors Allowed:
Yes, with instructor consent
Grading Restriction:
Letter Grade or Pass/Fail
Frederic Selck
Course Instructor:
  • Fred Selck

313.643 Health Economics I


Building on the basic concepts and applications presented in Health Economics I, students in Health Economics II are exposed to some of the seminal topics in health economics, with a particular focus on the issues of human capital, economics of the household and the demand for healthy and risky behaviors. Topics include: the economic returns of education; economics of the household; the demand for health (Grossman Model); addiction; teen sex; obesity, the statistical value of a life, and fertility. While it will not be the focus of the class, some time will be spent on the dynamic modeling and econometric techniques that are used in the papers that we review. Teaching methods include lectures, group discussion and problem solving exercises, and hands on experiments.

Learning Objectives:

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

  1. predict behavior of individuals, firms, health care providers, and governments based on economic theory reflecting all changes in incentives that a new piece of information, new policy, treatment guideline, prevention recommendation, or reimbursement mechanism might create
  2. propose methods (and discuss their limitations) of testing the hypotheses generated by predictions based on economic theory
  3. write clearly about economics both for others versed in economics and for more general audiences
Methods of Assessment:

6 one-paragraph writing assignments;
6 short essays (750 words each);
1 article review;
Final assignment (1250 word essay)

Enrollment Restriction:

no undergraduates permitted

Instructor Consent:

No consent required

Jointly Offered With: