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An application of microeconomic and empirical tools to the study of health and medical care. The topics covered will include market failures arising from asymmetric information, the demand for and production of health, provision of health insurance, and government involvement in the medical care system.
The topics covered include the differences between health care markets and other markets (with a special emphasis on imperfect and asymmetric information), the demand for health and medical care services (derived demand for health care, supplier-induced demand etc.), the production of health and the economic explanations for the behaviour of medical careproviders (incentives of different payment mechanisms, regulation of entry, cost-containment strategies), and issues surrounding the provision of health insurance (adverse selection and moral hazard in particular). The course also considers the role of and economic justification for government involvement in the medical care system and encourages students to think critically about health care decisions and policies.
The objectives of the course are to teach you how to employ microeconomic theory to understand and analyse health care markets
This course will provide students with an opportunity to develop the Graduate Attributes specified below:
Critically competent in a core academic discipline of their award
Students know and can critically evaluate and, where applicable, apply this knowledge to topics/issues within their majoring subject.
Employable, innovative and enterprising
Students will develop key skills and attributes sought by employers that can be used in a range of applications.
ECON207 RP: ECON208
Students must attend one activity from each section.
Domestic fee $868.00
International fee $4,075.00
* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.
For further information see
Department of Economics and Finance