This course is designed to give the student a general understanding of the economics of healthcare. More specifically, the course will allow students: 1) To understand what makes the Economics of Healthcare unique. 2) To understand Healthcare Markets: a) Demand b) Production and Costs c) Supply 3) To understand the market for Healthcare, Market Failure, and the Role of Government 4) Health Insurance, Third Party Payers, and Healthcare Financing. 5) Economic Evaluation in Healthcare: a) Equity, Efficiency, Ethics b) Cost-Benefit c) Measuring Value and Outcomes. (1.5 credits)
Pre-requisites:
COR1-GB.1303 - Firms and Markets
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