GRAD > NURSNG > 703
The primary purpose of this course is to have students learn and apply the basic economic concepts and models used by both economists and health policy analysts to understand and analyze health care markets. The goal of health economics is to provide a better understanding of health care problems and issues so that appropriate health policies can be designed and implemented. The course focuses on the structure and functioning of health care markets and specifically on how prices are determined in different markets for health and health-related services, as well as on how prices, in turn, critically affect the behavior of both consumers and suppliers. It is assumed that the student has no prior background in economics.