ECON 4513 - Health Care Economics#

3 Credit Hours
An introduction to health care economics organized around health care policy and administration applications. Discussion includes: the differences between health care markets versus conventional markets, the labor markets for physicians and nurses, and the mechanisms we use for funding research and innovation in health care. To practice and strengthen student analytical skills, each course will include some work on the analysis of various aspects of the ever-changing health care policy debate. This can include readings and discussion on the evolution of health care markets to managed care, discussions on the increasing costs of medical care and the financial problems of Medicare, analysis and discussion of recent health care reform proposals, etc. The objective is to help students learn to effectively apply economic tools and reasoning so that they can better understand health care issues.
Prerequisite: ECON 2213 Principles of Microeconomics with a minimum grade of C.
Restrictions: Junior standing or above.
Cross-listed: MGMT 4513.
Note: Credit cannot be earned in both ECON 4513 and MGMT 4513.