Health Economics

by Jay Bhattacharya, Timothy Hyde, Peter Tu

Overview

Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented in detail, complemented by real-life explanations and analysis, and discussions of the influence of such theories on policymaking. Offering sound pedagogy and economic rigor, Health Economics focuses on building intuition alongside appropriate mathematical formality, translating technical language into accessible economic narrative. Rather than shying away from intellectual building blocks, students are introduced to technical and theoretical foundations and encouraged to apply these to inform empirical studies and wider policymaking.

Health Economics provides:
- A broad scope, featuring comparative health policy and empirical examples from around the world to help students relate the principles of health economics to everyday life
- Coverage of topical issues such as the obesity epidemic, economic epidemiology, socioeconomic health disparities, and behavioural economics
- A rich learning resource, complete with hundreds of exercises to help solidify and extend understanding.

This book is designed for advanced undergraduate courses in health economics and policy but may also interest postgraduate students in economics, medicine and health policy.

Accompanying online resources for this title can be found at bloomsburyonlineresources.com/health-economics. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.

Product Details

ISBN-13:	9781137029966
Publisher:	Bloomsbury Academic
Publication date:	10/30/2013
Edition description:	2013
Pages:	624
Product dimensions:	7.40(w) x 9.60(h) x 1.10(d)

About the Author

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

Timothy Hyde is a doctoral student at Yale University, USA.

Peter Tu is a doctoral student at Harvard University, USA.
Jay Bhattacharya is an Associate Professor at Stanford University, School of Medicine, USA.

Timothy Hyde is a doctoral student at Yale University, USA.

Peter Tu is a doctoral student at Harvard University, USA.

Table of Contents

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.

What People are Saying About This

From the Publisher

A very thorough introduction to health economics, combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions. – Kenneth J. Arrow, Stanford University, USA, and Nobel Prizewinning economist

With a readable, breezy style and a deft touch at explaining sophisticated concepts, Health Economics approaches health and health care from a uniquely modern and engaging economic perspective. This book should have very broad appeal. – Alan Garber, Harvard University, USA

This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market. I look forward to using this book in the classroom. – Janet M. Currie, Princeton University, USA

An exceptionally rich and comprehensive undergraduate textbook that covers the traditional building blocks of health economics and addresses pertinent policy questions. This book is a must for health economics courses throughout the world. – Maarten Lindeboom, VU University, the Netherlands

Editorial Reviews

A very thorough introduction to health economics, combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions.” —Kenneth J. Arrow, Stanford University, USA, and Nobel Prizewinning economist

“With a readable, breezy style and a deft touch at explaining sophisticated concepts, Health Economics approaches health and health care from a uniquely modern and engaging economic perspective. This book should have very broad appeal.” —Alan Garber, Harvard University, USA

“This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market. I look forward to using this book in the classroom.” —Janet M. Currie, Princeton University, USA

“An exceptionally rich and comprehensive undergraduate textbook that covers the traditional building blocks of health economics and addresses pertinent policy questions. This book is a must for health economics courses throughout the world.” —Maarten Lindeboom, VU University, the Netherlands

From the Publisher