Course Description
Examines how economic analysis can be applied to various components of the health care system. Microeconomic theory is used to understand the operation of health care markets and the behavior of participants (consumers, insurers, physicians, and hospitals) in the health care industry. International comparisons and the role of the public sector are discussed.
Prerequisites
1) Statistics for Economics or equivalent (we will read some journal articles and you need to be familiar with regression analysis. I will review the basics as part of the course but you should have at least seen it before.)
2) Principles of Microeconomics (AP is ok, though you will need to catch up on indifference curve analysis which is standard for ND Principles of Micro. These are recordings of my principles classes covering consumer choice video 1, video 2, video 3).