Economics of Healthcare
Economics of Healthcare
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An approachable beginner's guide to health economics that brings the economist's way of viewing the world to bear on the fundamentals of the US healthcare system. The conversational writing style, with occasional doses of humour, allows students to see how applicable economic reasoning can be to unpacking some of the sector's thorniest issues, while accessible real-world examples teach the institutional details of healthcare and health insurance, as well as the economics that underpin the behaviour of key players in these markets. Many chapters are enhanced by 'Supplements' that offer how-to guides to tools commonly used by health economists, and economists more generally. They help form the basic 'economist's toolbox' for readers with no prior training in economics, and offer deeper dives into interesting related material. A test bank and lectures slides are available online for instructors, alongside additional resources and readings for students, taken from popular media and health care and policy journals.
- Teaches just those economics tools needed to understand the core logic and concepts that drive the healthcare sector
- Assumes only high-school math, and includes explanations for all complex math as it arises
- End-of-chapter 'Supplements' explain how to use price indices, how to calculate measures of market power, how to do a benefit-cost analysis, and more
- Informal and easy-going style invites readers in and offers intuitive explanations of difficult topics
Reviews & endorsements
‘This is the book health economics instructors and students have been waiting for! The real-world examples immediately draw in readers and provide a foundation for looking at important issues in health care from an economic perspective. Dr. Friedson’s approach to examining complex topics is both intuitive and hilarious.’ Elizabeth Munnich, University of Louisville
‘A captivating tour of the economic foundations of modern healthcare. With practical examples and delightful humor, this book effortlessly breaks down complex concepts, making health economics accessible to diverse readers. A must-have resource for students seeking a comprehensive grasp of healthcare markets and the challenges they entail.’ Sarah Miller, University of Michigan
‘This is a book on the economics of healthcare that is well organized, comprehensive in its coverage, and actually fun to read! It is well suited for a diverse audience, including undergraduate and graduate students from different degree programs, practitioners, and policy makers.’ James H. Marton, Georgia State University
‘The hallmark of this book is its dedication to practicality. Demanding no prerequisite economics background, Friedson's ‘Health Economics’ is ideal for students and professionals in public health and healthcare management. Rich with insights into the economics of the healthcare industry, it occupies a unique space in the health economics literature.’ Natallia Grey, Iowa State University
‘Economics of Health Care is an excellent textbook. It is well written where significant issues are clearly stated.’ Amer El-Ahraf, California State University Dominguez Hills
Product details
November 2023Hardback
9781009258456
240 pages
251 × 173 × 19 mm
0.68kg
Available
Table of Contents
- Preface
- Acknowledgments
- Part I. Patients:
- 1. How Economists View Human Behavior
- 2. Where Does Health Come From?
- 3. Demand for Medical Care
- 4. Health Insurance and Demand for Medical Care
- 5. Evaluating Evidence
- Part II. Providers:
- 6. Provider Firms
- 7. The Medical Labor Force
- 8. Providers and Incentives
- 9. Hospitals
- Part III. Health Insurers:
- 10. Health Insurance as a Product
- 11. Adverse Selection
- 12. Prices
- 13. Managed Care
- 14. Public Insurance
- Part IV. The Sector at Large
- 15. Pharmaceuticals
- 16. Externalities
- 17. Medical Malpractice
- 18. Inequality
- 19. International Comparisons.
