ECON 370 - Health Economics and Public Policy

Units: 3
Economics of health and healthcare. Application of economic theories to public policy in health sector. Cost analysis, healthcare financing, public and private health insurance, and provider reimbursement models. Analysis of medical education, hospital, pharmaceutical, mental health, and long-term care markets.

Prerequisites: ECON 200 and PH 110; PH 110 is not required for ECON and BUAD majors.
Possible Instructional Methods: On-ground.
Grading: A-F grading only.
Course Typically Offered: Fall & Spring

Student Learning Outcomes - Upon successful completion of this course students will be able to:

Describe the unique economics of the health care system in the United States;
Describe the differences between public and private insurance systems;
Describe the role of health policy in shaping incentives for consumers and providers;
Evaluate hypothetical and existing health policies using economic analysis;
Devise feasible policies to solve health care system problems using economic analysis;
Evaluate the strength and weakness of analyses in health care economics.