Health Economics

Health Economics introduces students of economics, public health, and medicine to the modern field of health economics. The book emphasizes the link between economic theory and health policy, and covers both the established models of health insurance and the dilemmas that policy makers currently face.

Comprehensive in coverage this textbook, written by academics from leading institutions, discusses current developments and debates in modern health economics from an international perspective. Economic models are presented in detail, complemented by real-life explanations and analysis, and discussions of the influence of such theories on policymaking. Offering sound pedagogy and economic rigor, Health Economics focuses on building intuition alongside appropriate mathematical formality, translating technical language into accessible economic narrative. Rather than shying away from intellectual building blocks, students are introduced to technical and theoretical foundations and encouraged to apply these to inform empirical studies and wider policymaking.

This book is designed for advanced undergraduate courses in health economics and policy but may also interest postgraduate students in economics, medicine and health policy. Ideal length for one-semester courses.

Jay Bhattacharya is a professor of medicine and a CHP/PCOR core faculty member. His research focuses on the constraints that vulnerable populations face in making decisions that affect their health status, as well as the effects of government policies and programs designed to benefit vulnerable populations. He has published empirical economics and health services research on th...

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Jay Bhattacharya is a professor of medicine and a CHP/PCOR core faculty member. His research focuses on the constraints that vulnerable populations face in making decisions that affect their health status, as well as the effects of government policies and programs designed to benefit vulnerable populations. He has published empirical economics and health services research on the elderly, adolescents, HIV/AIDS and managed care. Most recently, he has researched the regulation of the viatical-settlements market (a secondary life-insurance market that often targets HIV patients) and summer/winter differences in nutritional outcomes for low-income American families. He is also working on a project examining the labor-market conditions that help determine why some U.S. employers do not provide health insurance. He worked for three years as an economist at the RAND Corporation in Santa Monica, Calif., where he also taught health economics as a visiting assistant professor at the University of California-Los Angeles. He received a BA in economics, an MD and a PhD from Stanford University.