ECON 378/421
Problem Set #2
NOTE: On this problem set, we will grade questions 5, 6, 11, 13, and 16 (four points each).
1. What does it mean to be on the flat of the curve in health care provision? Why do some experts
argue that the US is on the flat of t
ECON 378/421
Problem Set #1
NOTE: For this problem set, questions 1, 5, 7, 11 and 15 will be graded (four points each). It is not
necessary to turn in answers to the other questions.
1. A disturbing statistic about US health care is that we spend substant
ECON 378/421
Problem Set #3
Due Oct 13
NOTE: On this problem set, we will grade questions 3, 8, 10, and 13 (five points each).
1. Consider an insurance market with the following characteristics:
Insurance policies can be sold including or excluding covera
ECON 378/421
Problem Set #4
Due: 11/10/2015
NOTE: On this problem set, we will grade questions 1, 4, 7, 13, and 15 (four points each).
1. Explain why the deductibles and coinsurance rates that apply under Medicare Part A and Part D dont
make sense from an
ECON 378/421
Problem Set #5
Due: 12/1/2015
NOTE: On this problem set, we will grade questions 2, 5, 9, 14 and 18 (four points each).
1. True, False or Uncertain. The fact that physicians insure themselves against medical malpractice
lawsuits tends to undo