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Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented...
Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented in detail, complemented by real-life explanations and analysis, and discussions of the influence of such theories on policymaking. Offering sound pedagogy and economic rigor, Health Economics focuses on building intuition alongside appropriate mathematical formality, translating technical language into accessible economic narrative. Rather than shying away from intellectual building blocks, students are introduced to technical and theoretical foundations and encouraged to apply these to inform empirical studies and wider policymaking.
This book is designed for advanced undergraduate courses in health economics and policy but may also interest postgraduate students in economics, medicine and health policy. Ideal length for one-semester courses.
Broad scope, featuring comparative health policy and empirical examples from around the world
Topical issues such as the obesity epidemic, economic epidemiology, socioeconomic health disparities, and behavioral economics
Informed by the latest research including the Oregon Medicaid Experiment and the potential impacts of US health reform
A rich learning resource, complete with hundreds of exercises to help solidify and extend understanding
Student-friendly, with an engaging, lively style, enhanced by cartoons and images that relate the principles of health economics to everyday life
1. Why Health Economics? PART I: DEMAND FOR HEALTH AND HEALTH CARE 2. Demand for Health Care 3. Demand for Health: The Grossman Model 4. Socioeconomic Disparities in Health PART II: SUPPLY OF HEALTH CARE 5. The Labor Market for Physicians 6. Hospitals PART III: INFORMATION ECONOMICS 7. Demand for Insurance 8. Adverse Selection: Akerlof's Market for Lemons 9. Adverse Selection: The Rothschild-Stiglitz Model 10. Adverse Selection in Real Markets 11. Moral Hazard PART IV: ECONOMICS OF HEALTH INNOVATION 12. Pharmaceuticals and the Economics of Innovation 13. Technology and The Price of Health Care 14. Health Technology Assessment PART V: HEALTH POLICY 15. The Health Policy Conundrum 16. The Beveridge Model: Nationalized Health Care 17. The Bismarck Model: Social Health Insurance 18. The American Model 19. Population Aging and the Future of Health Policy PART VI: PUBLIC HEALTH ECONOMICS 20. The Economics of Health Externalities 21. Economic Epidemiology 22. Obesity PART VII: BEHAVIORAL HEALTH ECONOMICS 23. Prospect Theory 24 Time Inconsistency and Health.
The book's companion website features resources to support student learning:
Answer sheets to comprehension exercises in the book for students to check their understanding of the material
A very thorough introduction to health economics, combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions. – Kenneth J. Arrow, Stanford University, USA, and Nobel Prizewinning economist
With a readable, breezy style and a deft touch at explaining sophisticated concepts, Health Economics approaches health and health care from a uniquely modern and engaging economic perspective. This book should have very broad appeal. – Alan Garber, Harvard University, USA
This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market. I look forward to using this book in the classroom. – Janet M. Currie, Princeton University, USA
An exceptionally rich and comprehensive undergraduate textbook that covers the traditional building blocks of health economics and addresses pertinent policy questions. This book is a must for health economics courses throughout the world. – Maarten Lindeboom, VU University, the Netherlands
