An introduction to the economic analysis of health care market The course presents microeconomic models, empirical findings and public policies referring to the following topics: the production and demand for health (the investment/consumption aspects of health and the relationship between socio economic status and health status), the issues of moral hazard and adverse selection in the insurance market, the role of information in the physician-patient relationship, the different regulation and payment systems for providers, the Medicare and Medicaid programs, and the comparisons between the US system and the health systems of other western economies and developing countries. This class aims to help students becoming more informed future citizens and consumers or producers of healthcare.
Prerequisites: 49.201 or instructor's approval. Meets Core Curriculum Essential Learning Outcome for Critical Thinking & Problem Solving (CTPS) and Social Responsibility & Ethics (SRE).
Pre-Req: ECON.2010 Principles of Microeconomics