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HSCI 517 Health Economics and National Health Policy

Learning Objectives. Understand how the difference medical markets are interrelatedTrace through the effect of a change in demands on each of the medical marketsTrace through a change in support on each of the medical marketsIllustrate how a change in supply or demand will affect the distribution of medical services.

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HSCI 517 Health Economics and National Health Policy

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    1. HSCI 517 Health Economics and National Health Policy Chapter 3 An Overview of the Medical Care Sector

    2. Learning Objectives Understand how the difference medical markets are interrelated Trace through the effect of a change in demands on each of the medical markets Trace through a change in support on each of the medical markets Illustrate how a change in supply or demand will affect the distribution of medical services

    3. Description of the Medical Care Market Total private and public expenditures for Personal health care services Note the changes from 1965 to 2002 Total amount and percentage distribution of personal health care expenditures by source of funds.

    4. Overview of the medical care sector Instructional Market Hospitals, providers, etc Manpower and Factor Market Labor market, financial markets, etc Educational Markets Universities, trade programs, et

    5. Demand and Supply Policy Trace the impact of demand or supploy policy changes on the various markets Elasticity of each sub-market has an impact on what the final outcome will be Impact on prices and medical services when there are difference supply elasticities

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