The Economics of Health and Health Care

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The book synthesizes contemporary developments around a set of basic economic principles, including maximization of consumer utility (or well-being) and economic profit. Rather than organizing the book around the institutions specific to health care economy, we have used core economics themes as basic as supply and demand, as venerable as technology or labor issues, and as modern as the economics of information. We have divided the 26 chapters into parts: 1. Basic economic tools; 2. Supply and demand; 3. Information; 4. Insurance and organizing of health providers; 5. Technology; 6. Labor; 7. Hospitals and nursing homes; 8. Social insurance; 9. Policy issues and analyses.