Economic Analysis of Health Services

3 credits

Microeconomic theory of resource allocation with emphasis on the applications of optimizing models of health service markets. Analysis of Canadian problems in health service supply. Models of the consumer/patient, the physician/entrepreneur, the not-for-profit hospital/firm, and the third-party regulatory and payment agency. Prerequisite: One of ECON 101, ECON 310 and one of ECON 102, ECON 311.