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You are here > Home > Reading Lists > Finance & Accounting > The Economics of Health & Health Care

The Economics of Health and Health Care, 5th Edition
Sherman Folland, Allen Goodman, Miron Stano

5th Edition
Hardcover: 648 pages
ISBN 0132279428
Pearson Education / Prentice Hall
July 2006
Price: $147.00
(click below for 5th edition)

 

This clear, step-by-step best-selling introduction to the economics of health and health care thoroughly develops and explains economic ideas and models to reflect the full spectrum of the most current health economics literature.

This book is extremely useful as a reference for:

  • health service researchers
  • health administrators
  • government specialists
  • physicians
  • and others in the medical field.

This book uses core economic themes as basic as supply and demand, as venerable as technology or labor issues, and as modern as the economics of information. Chapter topics include:

  • health care
  • health capital
  • information
  • health insurance markets
  • managed care
  • nonprofit firms
  • hospitals
  • physicians and labor
  • pharmaceutical industry
  • government intervention and regulation
  • epidemiology and economics

This comprehensive introduction to the economics of health and health care thoroughly develops and explains economic ideas and models and reflects the full spectrum of the most current health economics literature. It provides readers with a solid working knowledge of the analytical tools of economics and econometrics as applied to contemporary health care issues. Topics fully covered include:

  • BASIC ECONOMICS TOOLS
    • Introduction
    • Microeconomic Tools for Health Economics
    • Statistical Tools for Health Economics
    • Economic Efficiency and Cost Effectiveness in Health Care
  • SUPPLY AND DEMAND
    • The Production of Health
    • The Production, Cost, and Technology of Health Care
    • Demand for Health Capital
    • Demand and Supply of Health Insurance
    • Consumer Choice and Demand
  • INFORMATION AND INSURANCE MARKETS
    • Asymmetric Information and Agency
    • The Organization of Health Insurance Markets
    • Managed Care
  • KEY PLAYERS IN THE HEALTH CARE SECTOR
    • Nonprofit Firms
    • Hospitals and Long-Term Care
    • The Physician's Practice
    • Health Care Labor Markets and Professional Training
    • The Pharmaceutical Industry
  • SOCIAL INSURANCE
    • Equity, Efficiency, and Need
    • Government Intervention in Health Care Markets
    • Government Regulation–Principal Regulatory Mechanisms
    • Social Insurance
    • Comparative Health Care Systems and Health System Reform
  • SPECIAL TOPICS
    • The Health Economics of Bads
    • Epidemiology and Economics: AIDS in Africa

This edition contains two new chapters. Chapter 25 looks at economic "bads." Economists like to look at things that are good for us, but some things such as cigarettes are not. Chapter 26 is an entirely new chapter on pharmaceuticals. Rather than a simple "industry study," we look at those portions of the pharmaceutical industry with particularly novel economic contents. These include questions as to the optimal combinations of drug therapies and other economic technologies, the appropriate amount of patent protection that an industry (in this case the pharmaceutical industry) should enjoy, and price discrimination by pharmaceutical firms (or why drugs are cheaper in Mexico than in the United States).

In the 26 chapters, Folland (economics, Oakland U.), Allen C. Goodman (economics, Wayne State U.) and Miron Stano (economics and management, Oakland U.) provide analytic tools of economics and econometrics as applied to contemporary health issues.

(information from the publisher)

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