About this textbook
- Explains the issues and future challenges confronting healthcare systems
- Equips the reader with the tools used in the international literature for analyzing these issues and challenges
- Acquaints the reader with the crucial stylized facts and pieces of econometric evidence
Health Economics is the most complete text available on the economics of health behavior and health care delivery. Appropriate both for advanced undergraduate and beginning graduate students of economics, this text provides the key analytical tools required to understand current research, presenting empirical evidence on each issue and summarizing results for easy comprehension. Issues discussed include the "cost explosion" in health care, the power of medical associations, the search for remuneration systems with favorable incentives, and technological change in medicine. Without neglecting ethical concerns, modern microeconomic theory is applied to formulate theoretical implications and predictions, and key arguments are summarized to facilitate follow-up, review, and documentation.
Rather than simplifying the issues facing today’s healthcare systems, the book models existing complexities as they are, adapting economics to reflect the views of the average person.
Written for: Advanced undergraduate and graduate students; researchers in the field of health economics