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Palgrave Macmillan
ISBN 9781137029966
Publication Date November 2013
Formats Paperback Ebook (PDF) 
Publisher Palgrave Macmillan

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.

Features include:

* Broad scope, featuring comparative health policy and empirical examples from around the world
* Topical issues such as the obesity epidemic, economic epidemiology, socioeconomic health disparities, and behavioral economics
* The latest research including the Oregon Medicaid Experiment and the potential impacts of US health reform

Student-friendly, Health Economics is written in an engaging, lively style, enhanced by cartoons and images that relate the principles of health economics to everyday life. It also offers hundreds of exercises to help solidify and extend understanding.

Jay Bhattacharya is an Associate Professor at Stanford University, School of Medicine, USA.

Timothy Hyde is a doctoral student at Yale University, USA.

Peter Tu is a doctoral student at Harvard University, USA.

1. Why Health Economics?
PART I: DEMAND FOR HEALTH AND HEALTH CARE
2. Demand for Health Care
3. Demand for Health: The Grossman Model
4. Socioeconomic Disparities in Health
PART II: SUPPLY OF HEALTH CARE
5. The Labor Market for Physicians
6. Hospitals
PART III: INFORMATION ECONOMICS
7. Demand for Insurance
8. Adverse Selection: Akerlof's Market for Lemons
9. Adverse Selection: The Rothschild-Stiglitz Model
10. Adverse Selection in Real Markets
11. Moral Hazard
PART IV: ECONOMICS OF HEALTH INNOVATION 
12. Pharmaceuticals and the Economics of Innovation
13. Technology and The Price of Health Care
14. Health Technology Assessment
PART V: HEALTH POLICY
15. The Health Policy Conundrum
16. The Beveridge Model: Nationalized Health Care
17. The Bismarck Model: Social Health Insurance
18. The American Model
19. Population Aging and the Future of Health Policy
PART VI: PUBLIC HEALTH ECONOMICS
20. The Economics of Health Externalities
21. Economic Epidemiology
22. Obesity
PART VII: BEHAVIORAL HEALTH ECONOMICS
23. Prospect Theory
24 Time Inconsistency and Health

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Reviews

"A very thorough introduction to health economics combining the important theoretical literature from economics, including neighboring fields, with an account of the actual systems which allocate medical care in its various dimensions." - Kenneth J. Arrow, Stanford University, USA and Nobel Prize-winning economist
"With a readable, breezy style and a deft touch at explaining sophisticated concepts, Health Economics approaches health and health care from a uniquely modern and engaging economic perspective. This book should have very broad appeal. It will reward even the most well-informed readers who seek to understand the challenges facing the U.S. health care system, as well as anyone who would like to learn about applied economics or policy analysis." - Alan Garber, Harvard University, USA
"This comprehensive and up-to-the-minute book offers an engaging introduction to the complex subject of health economics, covering every aspect of the market from compensation for doctors and nurses, to technological change, to the Affordable Care Act. I look forward to using this book in the classroom." - Janet M. Currie, Princeton University, USA
"This is an exceptionally rich and comprehensive undergraduate textbook in Health Economics. It covers the traditional building blocks of health economics, but also extends to behavioral health economics, public health economics and addresses pertinent policy questions that different countries with different health care models face. This book is a must for health economics courses throughout the world and a definite recommend as secondary reading for courses on the economics of the welfare state." - Maarten Lindeboom, VU University, the Netherlands
"A welcome new textbook that includes highly accessible treatment of the most important topics in modern health economics. This will be a student favorite." - William Dow, University of California, Berkeley, USA
"An exceptionally well written textbook, broad in coverage, refreshingly non-technical, but nevertheless scholarly and thorough. Innovative chapters like economic epidemiology and thoughtful insights on demographic change as well as a review of new developments on public health economics and behavioral economics are most valuable; well-discussed phenomena like moral hazard and adverse selection are presented in a highly accessible manner. " - Konrad Obermann, Heidelberg University, Germany
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