The Price of Care: Financial Decision Making in Healthcare

3 credits

This course uses an applied economic framework to help understand the economic and financial landscape of health care systems. The course begins with an overview of economic principles including supply and demand and perfect markets and then describes the economic challenges of healthcare economics and how health and health services are different from other goods. Considerable attention will be given to topics of current public concern including market failure, government interventions, health insurance, rapidly increasing cost, value, and expensive new technologies.