Spring 2013 - 63025 - PA393L - Advanced Policy Economics
Economics of Health Care Policy
|Instructor(s):|| Richardson, Samuel
|Day & Time:||Th 6:00 pm -9:00 pm|
|Waitlist Information:||For LBJ Students: UT Waitlist Information|
Students are required to take an additional three-hour course in policy economics, selected from among a set of courses focusing on the application of economic theory and techniques to a specific area of public policy. Course options include macroeconomics, public finance, regulation, international trade and finance, natural resources and environmental policy, health policy, transportation policy, human resource development, urban and regional economic development, international development, education policy, social policy, and labor economics. Not all options are offered every year. This course is usually taken in the second year.
Health care cost, access, and quality are now arguably the most important domestic policy issues for the United States. The Affordable Care Act will almost certainly improve overall access to care, but the long-term effects on cost and quality are ambiguous: the national debate on health care policy is by no means over. This course will teach students how to apply economic thinking to a range of health policy questions, and how to be critical consumers of health policy analysis.
The focus of the course will be U.S. federal and state policies and institutions, though there will be some discussion of other health care systems and much of the material will be broadly applicable. Topics covered in the course will include the history and institutions of health policy in the U.S., markets for health care and for health insurance, information economics and market failures, provider payment incentives and the quality of health care, technology change and cost growth, and cost-effectiveness analysis.