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Mar 28, 2024
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MS 2225 - Health Care Economics3 lecture hours 0 lab hours 3 credits This course provides an introduction to the central concepts of microeconomic and macroeconomic analysis and decision-making. Topics included in this course explore the fundamental framework of allocation resources recognizing scarcity of resources and time. This course examines cases set within healthcare both within an organization and connected with the national economy set within a global marketplace. Fundamental concepts include: demand and supply, elasticity and marginalism, inflation, unemployment, business cycles, role of government. These concepts are then used to explain and analyze market structures, including perfect competition and monopoly. Other topics may include analysis of labor markets, property rights and international economics.
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