ECO 4330 Health Economics
Application of economic theory and analysis to the financing and delivery of medical care. Emphasis on the use of economic concepts to understand the role of risk uncertainty in decision making, the market insurance as a mechanism to offload consumer risk, why insurance markets can fail, health care markets and public policy issues. Students will learn the role of risk, uncertainty, and asymmetric information in causing market failure in health care insurance markets, the role of the government to correct for this failure, and the different approaches in health care systems.
Offered
Spring, even years