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Week 2 Resources

  • Essentials of Health Economics

Dewar, D. M. (2017). Essentials of health economics (2nd ed.). Jones and Bartlett Learning.

Part III: Demand, pages 39-55. Chapter 6, The Demand for Health, pages 41-48. Chapter 7, The Demand for Health Care, pages 49-55. Chapter 8, The Market for Health Insurance, 57-68. Chapter 9, Health Disparities, 71-75.

  • Economics of Health and Medical Care

Hicks, L.L. (2021). Economics of health and medical care (7th ed.). Jones and Bartlett Learning.

Part III, Explanatory Economics, Pages 43-44. Chapter 4, Demand for Health and Medical Care, pages, 45-69.

To access the Redshelf book, click on the book link located in the Getting Started module or the Bookshelf link on the top navigation bar of the course. 

The instructor’s assessment of this component of the assignment will be under the critical thinking criterion.

Optional Resources

A resource for economic and business concepts, terms, examples, and videos.

Skinner, J. S., & Volpp, K. G. (2017). Replacing the affordable care act lessons from behavioral economics. Journal of the American Medical Association (JAMA), 317(19), 1951-1952. doi:10.1001/jama.2017.4084

These authors discuss how the penalty versus rewards principle essential to behavioral economics can be used to keep healthy individuals insured.

Grossman, M. (1972). On the concept of health capital and the demand for health. Journal of Political Economy, 80(2),223–255. 

In this seminal work, Dr. Grossman statistically correlates the demand for medical care to inputs such as education and establishes the demand for care as derived demand.