313.643.01
Health Economics
Location
East Baltimore
Term
2nd Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2024 - 2025
Instruction Method
In-person
Tu, Th, 3:30 - 4:50pm
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Aditi Sen
Contact Email
Frequency Schedule
Every Year
Resources
Prerequisite
318.603.01 or similar prior coursework in basic microeconomic theory
Introduces the analytical tools of economics and applies them to issues in healthcare. Includes topics: resource allocation in health care; government as payor and regulator; asymmetric information and the role of agency; the market for health insurance; market structure and competitive strategy as it applies to health care organizations; the market for labor in health care; and the market for innovations and technology. Uses mainstream neoclassical microeconomic theory as the basis for analysis, but also explores the implications when the assumptions of this model are violated. Uses a standard health economics text as the main reading, but uses journal articles in the field to examine how the profession is analyzing health care and public health issues.
Learning Objectives
Upon successfully completing this course, students will be able to:
- Apply economic tools and thinking to analyze issues in health care delivery and financing, public health, health care organizations, and health policy
- Develop a critically constructive style of analysis of issues in health care organizations, delivery, and financing, as well as health policy
- Integrate current literature on economic concepts, methods, and applications to issues in health care and public health
- Apply lessons from class to real-life situations, in health care and public health
Methods of Assessment
This course is evaluated as follows:
- 30% Problem sets
- 15% Check-Ins
- 30% Policy Memo
- 25% Participation
Enrollment Restriction
Undergraduates are NOT permitted in this course
Jointly Offered With