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Economics of Healthcare A Brief Introduction

Authors

Andrew Friedson
, Milken Institute, California
Published 2023

Description

An approachable beginner's guide to health economics that brings the economist's way of viewing the world to bear on the fundamentals of the US healthcare system. The conversational writing style, with occasional doses of humour, allows students to see how applicable economic reasoning can be to unpacking some of the sector's thorniest issues, while accessible real-world examples teach the institutional details of healthcare and health insurance, as well as the economics that underpin the behaviour of key players in these…

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Key features

  • Teaches just those economics tools needed to understand the core logic and concepts that drive the healthcare sector
  • Assumes only high-school math, and includes explanations for all complex math as it arises
  • End-of-chapter 'Supplements' explain how to use price indices, how to calculate measures of market power, how to do a benefit-cost analysis, and more
  • Informal and easy-going style invites readers in and offers intuitive explanations of difficult topics

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