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Course Catalog

313.643.01 Health Economics

Department:
Health Policy and Management
Term:
2nd term
Credits:
3 credits
Academic Year:
2019 - 2020
Location:
East Baltimore
Class Times:
  • Tu Th,  3:30 - 4:50pm
Auditors Allowed:
No
Grading Restriction:
Letter Grade or Pass/Fail
Contact:
Aditi Sen
Course Instructor :
Resources:
Prerequisite:

318.603.01 or similar prior coursework in basic microeconomic theory

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 Objectives:

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

  1. Apply economic tools and thinking to analyze issues in health care delivery and financing, public health, health care organizations, and health policy
  2. Develop a critically constructive style of analysis of issues in health care organizations, delivery, and financing, as well as health policy
  3. Integrate current literature on economic concepts, methods, and applications to issues in health care and public health
  4. Apply lessons from class to real-life situations, in health care and public health
Methods of Assessment:

Problem sets: 20%; Paper responses and discussion: 20%; Midterm: 30%; Final project: 30%

Enrollment Restriction:

Undergraduates are NOT permitted in this course

Instructor Consent:

No consent required

Jointly Offered With: