Government policies exert a pervasive influence over the economy and the welfare of its inhabitants. This course considers first the economic effects of expenditure policies, such as social security, health care, welfare, and environmental policies. We then consider the U.S. tax system, paying attention to institutional details and the economic effects of the tax system on individual and business behavior.
Prerequisite: Economics 1 and 21, or permission of the instructor. Dist: SOC.
Click here for the Winter 2017 Syllabus.
For enrolled students, the Canvas resources are open.
The objectives of this course target three main areas of economics as it pertains to health care delivery. They are: (a) Identify how incentives guide both individuals and organizations, in ways that highlight the importance of “getting incentives right” when designing health care systems; (b) Analyze key economic relationships that govern the two major components of an organization’s financial situation – costs and revenues; and (c) Anticipate the economic force of competition, especially in regard to competition in the insurance market and in regard to competition between health care providers in a market.