GPA

3.25

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This course is designed to introduce upper level undergraduate students in economics to the field of health economics. We will analyze health and health care theories, institutions, and key policy issues using tools from intermediate microeconomic theory. The course begins with an analysis of health care as a commodity and why health is different from other consumer goods. The course then examines the demand for and the production of health and health care, and the behavior and organization of health care providers. The discussion then switches to information asymmetries and the functioning of health insurance markets. Afterwards, the course turns to the analysis of government involvement in the health care system. The class concludes with an examination of medical care systems around the world, paying particular attention to the U.S. health care system.

Prerequisites

Restrictions