ecohc561 | Graduate

Economics In Health Care

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This course applies economic concepts to make health care management decisions. Students employ the concepts of scarce resources and opportunity costs to perform economic analysis. Other topics include demand management, concepts of efficiency, production and distribution of health services, regulation and reimbursement, incentives in health care, macroeconomic policy (including money), and international health markets.

This graduate-level course is 6 weeks This course is available as part of a degree or certificate program. To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Continuing education units: XX
Professional development units: XX
Duration: 6 weeks

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    Market Structure & Labor Market in Health Care

    • Explain how the labor market can determine wage and employment figures for health care professionals.
    • Make pricing decisions within an organization that has market power.
    • Determine price and offerings based on market structures.
    • Make service offerings decisions based on shortages and surpluses in the health care market.

    Cost Concepts & Consumerism in Health Care

    • Evaluate consumerism in current health care delivery.
    • Analyze relationships between risk and return.
    • Determine production levels utilizing the concept of economies of scale in health care.
    • Explain the financing means and burdens of health care in the United States.

    Macroeconomic Policy & its Implications to Health Care Providers

    • Predict the effects of macroeconomic trends on organizations.
    • Conduct cost-effectiveness analyses of health care services.

    Technology, Health Care Insurance, & Reform

    • Apply technological innovation in the health care setting.
    • Explain how individuals decide to access health care.
    • Explain influences on health care reform.

    Global Economy Context: U.S. & International Health Care Markets

    • Decide whether to recruit health care professionals from outside the United States.
    • Compare international health care markets.
    • Describe effects of international trade policies on health care services.

    Introduction to Health Care Economics

    • Explain how scarcity forces choice among resource alternatives.
    • Describe key economic dimensions of health care systems.
    • Analyze how changes in supply and demand determine equilibrium price and quantity in health care.
    • Apply the concept of elasticity for health care goods and services in pricing decisions.
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