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Dec 05, 2025
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ECON 53700 - Health Economics
Credit Hours: 2.00 or 3.00. This course is designed to introduce masters’ students in economics to the field of health economics. We will analyze health and health care theories, institutions, and key policy issues. The course covers how the markets for health and health services are different from other goods, with a particular emphasis on the role of government and market failure. We will examine the demand for and the production of health and health care, and the behavior and organization of health care providers. We will also explore information asymmetries and the functioning of health insurance markets. We will consider health and healthcare systems around the world, paying particular attention to the U.S. health care system and recent reforms to it.
Learning Outcomes
1. Know key details relating to the structure of the U.S. health care system, and be able to describe key institutions and programs involved in U.S. health care and health insurance.
2. Discuss the special features of health and health care that present challenges for economic analysis and policy development, including in terms of health care reform.
3. Apply economic concepts and approaches to understanding key health economics issues.
4. Explain, in broad terms, what health care systems look like in other countries and how they differ from the U.S.
5. Apply economic concepts and insights from public health to the current Covid-19 pandemic.
Credits: 2.00 or 3.00
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