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Economics of Medical Care (307-0-20)

Instructors

Frank Limbrock

Meeting Info

555 Clark B03: Mon, Wed, Fri 11:00AM - 12:20PM

Overview of class

This class will help students understand the key economic forces that have shaped the US health care and health insurance industry. What role do the particularities of health care and health insurance as economic goods play in explaining the size and growth rate of the health care sector? What's the effect of private incentives, adverse selection, moral hazard, and regulation? What's the effect of different organizational structures of health care provision? What can we learn from comparing the US health care / health insurance system to other countries' systems? Students will learn that these issues are important in the current public policy discussion.

Registration Requirements

ECON 281-0, ECON 310-1, ECON 310-2

Teaching Method

"Lecture
Discussion section: Possible TA section"

Evaluation Method

"Class participation
Exams: Two in-class exams
Problem sets"

Class Materials (Required)

None. Readings will be provided via Canvas.

Enrollment Requirements

Enrollment Requirements: Pre-requisite: Students must have taken ECON 310-1 or MMSS 211-1 and ECON 281 or ECON 381-1 or MATH 386-1 or IEMS 304 or STAT 350 to successfully enroll in this course.