An examination of the structure, conduct, and performance of the health care market, including a study of physician services, the pharmaceutical industry, the hospital market and health insurance. Students will analyze markets for health care and related products by examining the incentives and constraints for various participants, including individuals, family units, doctors, pharmaceutical companies, hospitals, and insurance providers. Analysis will combine both theoretical models and empirical tools.
Prerequisites/Rules:
1 course with a minimum grade of C- from (ECON306, ECON326); and 1 course with a minimum grade of C- from (ECON230, BMGT230, ECON321, STAT401).
Restriction: Must be in one of the following programs (Economics Bachelor of Arts; Economics Bachelor of Science; Economics minor; Social Data Science-Economics).
Jointly Offered with ECON671.
Credits: 3
Grading Method: Regular, Pass-Fail, Audit