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BADM665. Healthcare Policy and Economics

This course applies general theoretical principles of economics to the healthcare sector. The basic approach is to recognize the importance of scarcity and incentives, allowing for differences particular to healthcare. The demand and the supply for health and medical care are examined theoretically and practically. In addition, the competitiveness of these markets, the relationship with health insurance and the role of government are explored. A focus of the course is decisions made by consumers, providers (physicians, hospitals), insurers, or the government in the area of healthcare. This course serves as an elective for students pursuing the MBA Healthcare Administration Concentration. Prerequisite: Admission to the MBA Program or permission of MBA Director or Chair of Graduate School of Business. 3 Credit Hours