Health Economics
Spring 2000 GMU Syllabus

Economics 496 & 895, meets Tuesday & Thursday, 3:00 - 4:15 during Spring 2000, in room Enterprize 277.

Instructor: Robin D. Hanson, Asst. Professor, Economics (,
Office Hours: I'm usually in at 10b Carow Hall. Call ahead (703-993-2326) if you want to be sure.
Catalog Entry:

Econ 496, 895 Health Economics (3:3:0). Prerequisite: ECON 306 or permission of instructor. Supply, Demand, and Institutions of Health Insurance and Health Care. Production of Health.
Reccomended Texts:
Sherman Folland, Allen C. Goodman, Miron Stano, Economics of Health and Health Care, Prentice Hall Business Publishing, 1997, ISBN 0-13-565987-6, Sample Price $67.
Charles E. Phelps, Health Economics, Addison Wesley Publishing, 1997, ISBN 0-673-99398-1, Sample Price $61.
Joseph P. Newhouse And The Insurance Experiment Group Free For All? Lessons from the RAND Health Insurance Experiment, Harvard University Press, 1993, ISBN 0-674-31914-1 Sample Price $20.
(You can search for the lowest text price via ClickTheButton.)
Goal of Class
For undergraduates: to be able to make an economically-coherent defense of one's opinions on health policy questions.
For graduate students: to in addition write a coherent research paper in health economics.
Assignments: Due Dates: Grade Weights: (depend on which class you enroll in)
  1. 496: Class Participate 6%, Four Quizes 6% each, Four Defended Opinions, 0,10,20,40%.
  2. 895: Class Participate 4%, Four Quizes 4% each, Four Defended Opinions, 5,5,10,25%, Paper 35%.
WeekLecture Topic
25 Jan Overview of Health & Health Policy
1 Feb What Makes Us Healthy?
8 Feb Does Medicine Help Health?
15 Feb Health Externalities
22 Feb Demand for Health and Medicine
29 Feb Supply of Medicine - Old
7 Mar Supply of Medicine - New
14 Mar Spring Break
21 Mar Health Insurance
28 Mar Variation in Quality of Medicine
4 Apr Licensure, Certification, and Bans
11 Apr Other Ways to Get Information on Quality
18 Apr Medicine in Other Times and Places
25 Apr Showing That You Care
2 May Slack and Review
16 May No Final Exam

Lecture Readings and Sources

On the web page, this links to a page of sources, many of which have links.

Misc Health Links

NBER papers on health

Yahoo on Health Policy

WebEc on Health Econ

Health Econ Places to Go

Sample Health Editorials

Health Care: Let's Face Reality, by Henry J. Aaron

Patchwork Health Care, by Robert Kuttner

Exploring a fiscal food policy (proposes tax fatty foods)

Public Health vs. The Nanny State?