BUSI 863: Health Economics

This course will examine the rapidly changing industry of health care. the course looks at health care as a business commodity. Issues such as demand, the role of the government in determining policy, provider behavior and competition are explored, providing an understanding of the unique economic complexities of health care. An understanding of the economic principles of scarcity, efficiency, productivity, and market behavior that drive the rapidly changing industry of health care around the world and particularly in the USA is covered. the major components of the health care system are examined, with a focus on topics such as quality vs. quantity of health care, care costs vs financing and social welfare gains vs social welfare losses.