Health Economics

Health Economics introduces students of economics, public health, and medicine to the modern field of health economics.

The book emphasizes the link between economic theory and health policy, and covers both the established models of health insurance and the dilemmas that policy makers currently face.

Student-friendly, Health Economics is written in an engaging, lively style, enhanced by cartoons and images that relate the principles of health economics to everyday life. It also offers hundreds of exercises to help solidify and extend understanding.

Jay Bhattacharya is an Associate Professor at Stanford University, School of Medicine, USA.

Timothy Hyde is a research assistant at Yale University, USA.

Peter Tu is a research assistant at Harvard Univeristy, USA.

1. Why Health Economics?
PART I: DEMAND FOR HEALTH AND HEALTH CARE
2. Demand for Health Care
3. Demand for Health: The Grossman Model
4. Socioeconomic Disparities in Health
PART II: Supply of Health Care
5. The Labor Market for Physicians
6. Hospitals
PART III: Information Economics
7. Demand for Insurance
8. Adverse Selection: Akerlof's Market for Lemons
9. Adverse Selection: The Rothschild-Stiglitz Model
10. Adverse Selection in Real Markets
11. Moral Hazard
PART IV: Economics of Health Innovation
12. Pharmaceuticals and the Economics of Innovation
13. Technology and The Price of Health Care
14. Health Technology Assessment
PART V: Health Policy
15. The Health Policy Conundrum
16. The Beveridge Model: Nationalized Health Care
17. The Bismarck Model: Social Health Insurance
18. The American Model
19. Population Aging and the Future of Health Policy
PART VI: Public Health Economics
20. The Economics of Health Externalities
21. Economic Epidemiology
22. Obesity
PART VII: Behavioral Health Economics
23. Prospect Theory
24 Time Inconsistency and Health