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Health Economics for Managers


East Baltimore
2nd term
Health Policy and Management
3 credits
Academic Year:
2021 - 2022
Instruction Method:
Class Times:
  • W F,  10:30 - 11:50am
Auditors Allowed:
Grading Restriction:
Letter Grade or Pass/Fail
Course Instructor:
  • Douglas Hough
Douglas Hough

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


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
Methods of Assessment:

Periodic Assignments (individual) 60%; Health Economic Issue Analysis (group) 30%; class participation 10%

Instructor Consent:

No consent required