ECON 4373 - Health Care Economics

This course explores health care from an economic perspective, by examining the nature of demand and identifying suppliers of health care in order to achieve an understanding of market incentives and performance. In addition, the course examines those health care market characteristics that prevent market forces from generating socially desirable outcomes: market power, imperfect information, uncertainty, and externalities, as well as the inherent conflict arising from the desire to assure “equal access” to health care for all individuals despite widely divergent incomes. Government interventions in health care markets are examined and critiqued.

Credit Hours: 3

Prerequisites: ECON 1103 OR ECON 2103