Introduction to Health Economics

Catalog description

HCMG 0001 - In Introduction to Health Economics, you will explore the application of economic principles to the health care sector. The course emphasizes the importance of scarcity and incentives in guiding the decision and interactions of key players, including care providers, payers, patients and producers. Course content highlights the critical economic issues in producing, delivering, and financing health care. Through video lectures, synchronous class meetings and discussions with your peers, you will learn to analyze determinants of demand for medical care, the unique role of physicians in resource allocation, the role of health insurance, and competition in medical care markets. The course focuses on the US health care context, but the economic principles applied are relevant to a range of systems.