The Economics of Health and Health Care, 4/E
Sherman Folland, Oakland University
Allen C. Goodman, Wayne State University
Miron Stano, Oakland University

ISBN-10: 0131000675
ISBN-13: 9780131000674

Publisher: Prentice Hall
Copyright: 2004
Format: Cloth; 648 pp


Suggested retail price: $166.67
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For courses in Health Economics, Public Health, and Health Care Policy.

This clear, step-by-step best-selling introduction to the economics of health and health care thoroughly develops and explains economic ideas and models to reflect the full spectrum of the most current health economics literature. It uses core economic themes as basic as supply and demand, as venerable as technology or labor issues, and as modern as the economics of information.

  • NEW - Ch. 23 on epidemiology and the economics of disease.
    • Gives students current information on the AIDS pandemic.

  • NEW - Improved analyses of government policies (Chapter 20).
    • Introduces tools to analyze the impacts of changes in government programs such as Medicaid.

  • NEW - Reorganized and arranged chapters—Part V, focuses on the Key Players in the health care field.
    • Provides students with comprehensive coverage of nonprofit firms, hospitals, physicians and labor, and the pharmaceutical industry.

  • NEW - Consolidated chapters.
    • Enables students to have a text that is more concise and easier to understand.

  • NEW - Updated tables and charts—Used extensively throughout the text.
    • Illustrates to students the concepts and discussions presented in the text with the latest information available.

  • All the analytical and statistical tools required are included in the text.
    • Provides students with all the tools necessary to examine health care from an economics perspective.

  • Seamless integration of supply and demand—Organized in a logical, step-by-step manner.
    • Gives students the connections between economic principles such as supply and demand and relates them to health care and insurance.

  • Up-to-date discussion of managed care.
    • Explains to students the theory and practice of managed care organizations, and gives them the impact of managed care on the quality, quantity, and price of health care.

  • International perspective—Including a specific chapter on comparative health care systems (Ch. 21).
    • Enables students to compare and contrast health care systems and economics worldwide.

  • Chapter on economic “bads”—Included are the examples of tobacco and alcohol and their impact on our economy (Ch. 22).
    • Introduces students to how users of these “bads” respond to economic incentives, through taxes and advertising bans.

  • Chapter on pharmaceuticals—Looks at portions of this industry with important economic content. Includes questions as to the optimal combinations of drug therapies and other economic technologies, patent protection issues, and price discrimination by pharmaceutical firms (Ch. 16).
    • Presents students with information about an important health care sector using straightforward economic methods.

  • Organization of content by economic themes—Arranged by such themes as demand and supply, the economics of information, moral hazard due to insurance, and benefit-cost analyses.
    • Emphasizes for students the applicability of traditional economic analyses to a wide range of health-related problems.

  • Extensive bibliography.
    • Allows students and instructorsto find and to use original source materials.

  • Ch. 23 on epidemiology and the economics of disease.
    • Gives students current information on the AIDS pandemic.

  • Improved analyses of government policies (Chapter 20).
    • Introduces tools to analyze the impacts of changes in government programs such as Medicaid.

  • Reorganized and arranged chapters—Part V, focuses on the Key Players in the health care field.
    • Provides students with comprehensive coverage of nonprofit firms, hospitals, physicians and labor, and the pharmaceutical industry.

  • Consolidated chapters.
    • Enables students to have a text that is more concise and easier to understand.

  • Updated tables and charts—Used extensively throughout the text.
    • Illustrates to students the concepts and discussions presented in the text with the latest information available.

I. BASIC ECONOMIC TOOLS.

 1. Introduction.

 2. Microeconomic Tools for Health Economics.

 3. Statistical Tools for Health Economics.

II. SUPPLY AND DEMAND.

 4. The Production of Health.

 5. The Production, Cost, and Technology of Health Care.

 6. Demand for Health Capital.

 7. Demand and Supply of Health Insurance.

 8. Consumer Choice and Demand.

III. INFORMATION AND INSURANCE MARKETS.

 9. Asymmetric Information and Agency.

10. Imperfect Information: SID and SAV.

IV. INSURANCE.

11. The Organization of Health Insurance Markets.

12. Managed Care.

V. KEY PLAYERS IN THE HEALTH CARE SECTOR.

13. Nonprofit Firms.

14. Hospitals and Long-Term Care.

15. Health Care Labor Markets and Professional Training.

16. The Pharmaceutical Industry.

VI. GOVERNMENT INTERVENTION.

17. Equity, Efficiency, and Need.

18. Government Intervention in Health Care Markets.

19. Government Regulation—Principal Regulatory Mechanisms.

20. Social Insurance.

21. Comparative Health Care Systems and Health System Reform.

VII. SPECIAL TOPICS.

22. The Health Economics of Bads.

23. Epidemiology and Economics: AIDS in Africa.

24. The Tools of Economic Evaluation.

  • 0132279428Economics of Health and Health Care, 5/E
    Folland, Goodman & Stano
    © 2007 | Prentice Hall | Cloth; 648 pages | Instock
    ISBN-10: 0132279428 | ISBN-13: 9780132279420
    Brief Description | Buy from myPearsonStore

On the front cover of this new edition of The Economics of Health and Health Care is a close-up of an AIDS drug molecule. Pandemic diseases such as these have endless reverberations in the fields of health and health care economics. The fourth edition includes a brand-new Chapter 23, "Epidemiology and Economics: AIDS in Africa," which looks at the economic consequences of epidemics, with particular interest in the worldwide AIDS epidemic. Other changes to this edition include:

  • A newly arranged Part 4 that identifies key players in the health care sector, with special reference to nonprofit firms, hospitals, physicians, and the pharmaceutical industry (Chapters 13 to 16).
  • The section on governmental actions, Part 5, is presented earlier in the text and covers equity and need, governmental regulation, social insurance, comparative systems, and health care reform (Chapters 17 to 21).
  • A new Part 6 examines special topics such as a new chapter on epidemiology and economics, economic "bads" such as cigarettes, and a more detailed chapter examining the various aspects of cost-benefit analysis, the tool so very important to health analysts (Chapters 22 to 24).

Visit the book's Companion Website for additional student and instructor resources: www.prenhall.com/folland

View a Sample Chapter PDF:

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