ECO 6250 Healthcare Economics

2 Hours

Prerequisites: Graduate standing in the Healthcare Management MBA Program.

This course provides an overview of microeconomic theory as it applies to the healthcare industry with a particular focus on the implications for managerial decision making. The course presents an economic analysis of the incentives facing the various stakeholders in the market for healthcare (patients, providers, and payers). Concepts to be covered include the unique nature of the healthcare as a commodity, medical inflation, market failures and the potential roles for the public sector, the market for pharmaceuticals, cost-benefit and cost-effectiveness analysis, and the economics of insurance and managed care.