#1 Neoclassical Health Economics

My bachelor in business administration and graduate studies in health policy and management have shaped me into a health services researcher. Throughout the time, most of courses I have taken focused either on economic theories or application framework. The experience has built my desires to transit theories into applications in one course. In my teaching, I aim to approach economics from a perspective of laymen. In this particular neoclassical health economics course, my goal was to help students develop skills in policy analysis using basic economic theories.

Health care spending has been rising inexorably for decades, now accounting for over 20% of the United States economy and about 25% of the federal budget. The ability to think critically about health policy issues is almost a necessity for today’s graduate students, whether they plan to work in the healthcare sector, contribute to public policy, or simply be well-informed citizens and taxpayers. Economics has been emerging as the dominant social science for analyzing health policy questions. This course taught students how to apply economic thinking to a range of important health policy questions.

This course was designed to introduce junior level graduate students in economics or public health to the field of health economics. I provided basic neoclassical economic concepts important for the study in health care policy. The aspects of the US health policy and health care reform were introduced, as well as the importance of some basic economic evaluation techniques for policy analysis.