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HCM 3020: Economics for Healthcare Managers

Credits: 3. Contact Hours: Lecture 3.

Prereq: ECON 1010 and ECON 1020 and credit or enrollment in HCM 3010
Explores the economic influences and underpinnings of the healthcare delivery system. Examines the importance of economics in healthcare decisions, both demand and supply-side factors, and how third-party payers and public policy influence consumption and production of healthcare. Introduces evaluation of clinical outcomes using cost-effectiveness and other decision-analysis tools, as well as topics such as asymmetry of information, comparative healthcare systems, and healthcare policy. (Typically Offered: Fall, Spring)