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313.610.01
Health Economics for Managers

Location
East Baltimore
Note: Due to the COVID-19 Pandemic, this course was held in a virtual/online format.
Term
2nd Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2020 - 2021
Instruction Method
TBD
Class Time(s)
W, F, 10:30 - 11:50am
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Frequency Schedule
Every Year
Prerequisite

Introduction to Microeconomics (313.639) or equivalent course in basic microeconomics

Description
Applies the analytical tools of economics to issues in health care that are especially relevant to managers and leaders of health care organizations. Examines topics including: the use of economic incentives to influence health behavior; asymmetric information and the role of agency in health care; the application of behavioral economics to health care; government as payer and regulator, and equity/ethical considerations; the role of health insurance; and the theory of the firm as it applies to physicians, hospitals, and systems.
Learning Objectives
Upon successfully completing this course, students will be able to:
  1. Apply economic tools appropriately to analyze business issues in health care
  2. Develop an analytical, logically-ordered, critically constructive style of analysis of issues in health care organization, delivery, and financing
  3. Integrate current literature on economic concepts, methods, and applications to issues in health care and the general political economy
  4. Apply lessons from class to real-life situations, in health care and in the general political economy