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Addison-Wesley / Prentice Hall

Economics

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Economics of Health and Health Care, The, 3/E
Sherman FollandOakland University
Allen C. GoodmanWayne State University
Miron StanoOakland University

ISBN-10: 0130122157
ISBN-13:  9780130122155

Publisher:  Prentice Hall
Copyright:  2001
Format:  Cloth; 667 pp
Published:  07/07/2000

Core text for courses in health care economics found in Departments of Economics, Health Administration, Public Health, nursing and medical programs.

This best-selling comprehensive introduction to the economics of health and health care thoroughly develops and explains economic ideas and models and reflects the full spectrum of the most current health economics literature. It provides students with a solid working knowledge of the analytical tools of economics and econometrics as applied to contemporary health care issues.

  • NEW - Totally rewritten chapter on managed care.
    • Explains both the theory and the practice of managed care organizations. Investigates impacts of managed care on the quality, quantity, and price of health care. Ex.___

  • NEW - Analysis on “who pays” for health insurance.
    • Shows that when employees negotiate a better health insurance package, they may pay for it in the form of lower wages. Consumers may pay for the health insurance in the form of higher prices. Ex.___

  • NEW - Chapter on economic "bads"(Chapter 25)—Items such as cigarettes are examined in the context of our economy.
    • Introduces students to items such as alcohol or tobacco that might be bad for us. Students learn how users of alcohol and tobacco respond to economic incentives, through taxes and advertising bans. Ex.___

  • NEW - Chapter on pharmaceuticals (Chapter 26)—Rather than a simple “industry study,” the text looks at portions of the pharmaceutical industry with important economic content. These include questions as to the optimal combinations of drug therapies and other economic technologies, patent protection issues, and price discrimination by pharmaceutical firms.
    • Presents an important health care sector with straightforward economic methods, drawing key inferences with new charts and diagrams. Ex.___

  • NEW - Cost-benefit chapter covered earlier in text (Chapter 4).
    • Follows directly from presentation of microeconomic and statistical methods. Ex.___

  • Changes in government policies regarding health care covered in 2 chapters—Chapter 20 looks at conceptual issues regarding government intervention in health care markets. Chapter 21 investigates the principle regulatory mechanisms including antitrust policy.
  • Organization of content by economic themes such as supply and demand, technology, labor issues, and the economics of information.
    • Emphasizes the applicability of traditional economic analyses to a wide range of health-related problems. Ex.___

  • Focus on health care economic principles, including consumer utility, and economic profit.
    • Applies standard economic concepts to the health care and health services sectors. Ex.___

  • Reviews on microeconomic concepts and statistical tools for students who may need additional preparation in those areas.
    • Shows how economists analyze problems using examples that are relevant to health economics. Requires no calculus. Ex.___

  • Ideas and models are extensively used.
    • Provides clear, thorough explanations of complex concepts, e.g., unique treatment of the demand of health capital (Chapter 6) and new treatments of the economics of managed care (Chapter 12). Ex.___

  • Graphs, tables, and charts used extensively throughout.
    • Helps to illustrate the concepts and discussions presented in the text. Ex.___

  • Extensive bibliography of the current health economics literature—Over 750 references.
    • Allows students and instructors to find and to use the original source materials. Ex.___

  • Contemporary ideas highlighted.
    • Provides up-to-date features. Ex.___

  • Totally rewritten chapter on managed care.
    • Explains both the theory and the practice of managed care organizations. Investigates impacts of managed care on the quality, quantity, and price of health care. Ex.___

  • Analysis on “who pays” for health insurance.
    • Shows that when employees negotiate a better health insurance package, they may pay for it in the form of lower wages. Consumers may pay for the health insurance in the form of higher prices. Ex.___

  • Chapter on economic "bads"(Chapter 25)—Items such as cigarettes are examined in the context of our economy.
    • Introduces students to items such as alcohol or tobacco that might be bad for us. Students learn how users of alcohol and tobacco respond to economic incentives, through taxes and advertising bans. Ex.___

  • Chapter on pharmaceuticals (Chapter 26)—Rather than a simple “industry study,” the text looks at portions of the pharmaceutical industry with important economic content. These include questions as to the optimal combinations of drug therapies and other economic technologies, patent protection issues, and price discrimination by pharmaceutical firms.
    • Presents an important health care sector with straightforward economic methods, drawing key inferences with new charts and diagrams. Ex.___

  • Cost-benefit chapter covered earlier in text (Chapter 4).
    • Follows directly from presentation of microeconomic and statistical methods. Ex.___

I. BASIC ECONOMIC TOOLS.

 1. Introduction.

 2. Microeconomic Tools.

 3. Statistical Tools.

 4. Cost-Benefit Analysis and Other Tools of Economic Evaluation.

II. SUPPLY AND DEMAND.

 5. The Production of Health.

 6. Demand for Health Capital.

 7. Insurance.

 8. Consumer Choice and Demand.

III. INFORMATION.

 9. Asymmetric Information and Agency.

10. Imperfect Information: SID and SAV.

IV. INSURANCE AND ORGANIZATION OF HEALTH PROVIDERS.

11. The Organization of Health Insurance Markets.

12. Managed Care.

V. TECHNOLOGY.

13. The Production and Cost of Health Care.

14. Technology.

VI. LABOR.

15. Labor Markets and Professional Training.

16. The Training and Practice of Physicians.

VII. HOSPITALS AND NURSING HOMES.

17. Nonprofit Firms.

18. Hospitals and Long Term Care.

VIII. SOCIAL INSURANCE AND HEALTH SYSTEM REFORM.

19. Equity, Efficiency and Need.

20. Government Intervention.

21. Government Regulation.

22. Social Insurance.

23. Comparative Health Care Systems.

IX. POLICY ISSUES AND ANALYSES.

24. Health Systems Reform.

25. Advertising, Health Goods and Bads.

26. The Pharmaceutical Industry.

  • 9780136080305
    Economics of Health and Health Care, The, 6/E
    Folland, Goodman & Stano
    ©2010 | Prentice Hall | Cloth; 648 pp | Instock
    ISBN-10: 0136080308 | ISBN-13: 9780136080305
    Brief Description

This best-selling comprehensive introduction to the economics of health and health care thoroughly develops and explains economic ideas and models and reflects the full spectrum of the most current health economics literature. It provides students with a solid working knowledge of the analytical tools of economics and econometrics as applied to contemporary health care issues.

NEW TO THIS EDITION

  • Totally re-written chapter on managed care.
  • New analyses on "who pays" for health insurance.
  • New chapter on economic "bads" (Chapter 25). Most analyses look at things that are good for us - "bad" items such as cigarettes are usually not covered.
  • New chapter on pharmaceuticals (Chapter 26). Rather than a simple "industry study," the text examines portions of the pharmaceutical industry with important economic content. These include questions as to the optimal combinations of drug therapies and other economic technologies, patent protection issues, and price discrimination by pharmaceutical firms.

For more information visit us at www.prenhall.com/folland

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