Graduate Prerequisites: (SPHPH719) or consent of instructor. - This course develops the tools of basic microeconomic analysis and applies them to key health policy issues. It emphasizes the trade-offs involved in various choices within the health care economy, with particular attention to examination of issues related to the debate between pro-market and government regulatory approaches to health care policy. Topics include the role of risk and uncertainty in health and health care, the industrial organization of the health care sector, and how payment systems affect the incentives and behavior of patients, insurers, and providers.

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