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HESY-170 Health Care Systems Economics
Fall only
This course applies the principles of microeconomics to the study of how healthcare markets work. From this perspective, we will explore why the healthcare system is fractured and what this implies for access to care, the cost of care, and the quality of care. The unique nature of healthcare requires understanding the institutional arrangements that shape and respond to market forces. Market inadequacies and market failures have also resulted in government interventions, which in turn have affected the healthcare market. Perhaps the most unique aspect of healthcare is the role of employer-provided health insurance and the peculiar way in which labor markets are effected. Employer-provided health insurance and healthcare coverage from public programs like Medicare and Medicaid, not only serve as the primary sources of financing healthcare, they have a large role in shaping how care is organized and delivered. Furthermore there are critical gaps in who is covered, what is covered, as well as overlapping coverage that provides perverse incentives for the efficient and effective provision of care. Given the role of public policy, and the relationship between public policies and politics, this course will touch on the relationship between politics, policies, and healthcare markets.
Credits: 3
Prerequisites: ECON 001
Course syllabi
The following syllabi may help you learn more about this course (login required):
Fall '09:
Friedland, R
(file download)
Additional syllabi may be available in prior academic years.
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Other academic years
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