Spring 2023 Business Economics B8221 section 001

Economics of Healthcare and Ph

Economics of Healthcare a

Call Number 17118
Day & Time
R 2:00pm-5:15pm
820 Kravis Hall
Points 3
Grading Mode Standard
Approvals Required None
Instructor Frank R Lichtenberg
Method of Instruction In-Person
Course Description We will provide a framework for understanding the economic factors underlying the health care system and the interaction of its agents. For several reasons, standard economic models are not adequate to understand markets for health care. For example, it is difficult for the consumer/ patient to evaluate the quality of the services received. Costs are uncertain, and insurance reduces the incentive of the consumer/patient or physician to seek the most economical means of treatment.We will focus primarily on the structure and economics of health insurance and the demand for health care, pricing of drugs and hospital services, cost-benefit analyses employed by payers and consumers of health care products and services, mechanisms used for paying physicians and its impact on the provision of care, and the role of information in the selection and provision of medical goods and services."
Web Site Vergil
Department Business Economics
Enrollment 41 students (74 max) as of 5:07PM Sunday, July 21, 2024
Subject Business Economics
Number B8221
Section 001
Division School of Business
Open To Business, Journalism
Campus Morningside
Section key 20231BUEC8221B001