slides1 - Greetings Course Mechanics What is Health...

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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system PADP 8610: Economics of Health Policy Introduction Angela Fertig, Ph.D. Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system Greetings I Partner with someone I Find something you have in common I Introduce each other Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system Materials I The Economics of Health and Health Care , by Folland, Goodman and Stano (any edition) I Reading list I sign up for emails: http://www.georgiahealthnews.com/consumer-corner http://profile.kff.org/ (morning edition) I colored pens, calculator (for homeworks and exams) I snacks – sign up sheet Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system Grading I 2 exams (30% each) I 1 health puzzle paper (10%) I 1 health policy memo (20%) – GHN legislative preview may give ideas I weekly homeworks (10%) I graded on 3 point scale (check+, check, check-) I no late hwks accepted; lowest grade dropped Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system Where to get help http://hogwarts.spia.uga.edu/ afertig/health.html Office Hours: Thursdays 10am-noon, or by appt afertig@uga.edu Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system What is Health Economics? Studying the health economy using certain characteristic approaches used by economists: I Models with simplifying assumptions: I Supply and demand I Labor-leisure model I Profit maximization I etc. I Concepts: I Choices involve trade-offs, which include opportunity costs I Rational people make decisions at the margin I Decisions are made in response to incentives I Markets (vs. central planner) are usually most efficient I There are situations when govts can help - market failures I etc. Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics? Determinants of health Overview of US health care system Why study health? I Size of health economy: I 17% of GDP in 2011 I 14 million jobs in 2008 I US spends $7500 per person on health (2008), where the next nearest country (Norway) spends only $5,000 per person. I Special problems of health care delivery: lots of market failures lots of government intervention I Health has huge impact on people’s lives and their productivity Angela Fertig, Ph.D. PADP 8610: Economics of Health Policy
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Greetings Course Mechanics What is Health Economics?
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This note was uploaded on 01/18/2012 for the course PADP 8610 taught by Professor Ferig during the Fall '11 term at University of Georgia Athens.

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slides1 - Greetings Course Mechanics What is Health...

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