Health care constitutes a significant amount of private and public economic activity in many countries, especially in the United States. This course covers special topics on the economic analysis of production and consumption of health care, and the extensive public involvement in this industry. Topics to be discussed include: the investment in health through health care or other means, the extent of technological change in health care and its regulation by the FDA, the demand subsidy programs Medicaid and Medicare as regulated by CMS, and the relationship between health care and social insurance for the aged.
