ECON 150A Health Economics
The health care and health insurance industries provide interesting case studies both on how markets can supply important goods and services and also the inherent problems associated with relying solely upon market provision for those goods and services. Over the course of the semester, we will examine models of asymmetric information, externalities, and market power to understand issues as diverse as pharmaceutical patenting and pricing, antibiotic resistance, Medicaid/Medicare, and "Obama-care." Prerequisite: None