Health Care Economics.

Catalog description

Semester course; 3 lecture hours (delivered online or face-to-face). 3 credits. Prerequisite: ECON 210 . This course introduces basic knowledge of microeconomics principles/concepts/theories as tools for understanding health and health care issues, explores the fundamentals of health and health services as markets, as well as how these may differ from markets for other goods and services. In addition, this course discusses market failure and the role of government in the demand and supply sides of health care. Finally, this course introduces basic concepts of economic evaluation methods in health care where students will learn the meaning of equity and efficiency in the health care system. Crosslisted as: ALHP 416 .