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MPH 574. Foundations of Health Economics. 3 Credits.

This course serves as an introduction to the role of economics in health care and health policy. The microeconomic principles of supply and demand are introduced, and topics such as the demand for health, the derived demand for medical care, and the demand for health insurance are covered. On the supply side, the course examines the supply of medical care by physicians and hospitals, medical technology, and the role of managed care organizations. Implications of adverse selection, moral hazard, externalities, and asymmetric information are addressed. Cost benefit and cost effectiveness analyses are also introduced. The course examines the role of government in health care and health care reform including the implications of expanding insurance coverage under the Affordable Care Act. The effectiveness and efficiency of various health policies are also addressed, including government forms of insurance coverage such as Medicare, Medicaid, and the Department of Veterans' Affairs, price regulation of hospitals, provider payment reform, medical malpractice, uncompensated care, and health care workforce issues. Prerequisite: College Algebra and one of the following: Basic Statistics or Biostatistics, Introductory Micro- or Macro- Economics; or Consent of Instructor. On demand.

Office of the Registrar

Tel: 701.777.2711
Fax: 701.777.2696

Twamley Hall Room 201
264 Centennial Drive Stop 8382
Grand Forks, ND 58202-8382