ABSTRACT

The Economics of Health and Health Care is the market-leading health economics textbook, providing comprehensive coverage of all the key topics, and balancing economic theory, empirical evidence, and public policy.

The ninth edition offers updated material throughout, including two new chapters: Disparities in Health and Health Care (Chapter 7) examines issues of race, ethnicity, income, gender, and geography with respect to health care access, health inputs, and health outcomes; Pandemic Economics (Chapter 9) introduces a new and simplified economic treatment of epidemics and pandemics within the context of COVID-19. We also include applications from the growing literature on digital medicine. The book further highlights the impacts of the Affordable Care Act (ACA) and updates its path-breaking comparative analyses across countries to focus on the differences in access and costs.

The book continues to provide a clear, step-by-step understanding of health economics, making economic principles accessible to students, supported by boxed examples, figures and tables. Each chapter contains concise summaries, discussion questions, and quantitative exercises to promote student learning. There is also a glossary of key terms and an extensive reference list.  Instructors are supported by a range of digital supplements. It is the perfect textbook for students and practitioners taking undergraduate and postgraduate courses in health economics, health policy, and public health.

part I|77 pages

Basic Economics Tools

chapter Chapter 1|22 pages

Introduction

chapter Chapter 2|33 pages

Microeconomic Tools for Health Economics

chapter Chapter 3|20 pages

Statistical Tools for Health Economics

part II|152 pages

Population Health

chapter Chapter 4|25 pages

Production of Health

chapter Chapter 5|22 pages

Demand for Health Capital

chapter Chapter 6|26 pages

Economic Efficiency and Cost–Benefit Analysis

chapter Chapter 7|29 pages

Disparities in Health and Health Care

chapter Chapter 8|21 pages

The Health Economics of Bads

chapter Chapter 9|27 pages

Pandemic Economics

part III|56 pages

Supply and Demand

chapter Chapter 10|25 pages

The Production, Cost, and Technology of Health Care

chapter Chapter 11|29 pages

Consumer Choice and Demand

part IV|107 pages

Information and Insurance Markets

chapter Chapter 12|20 pages

Asymmetric Information and Agency

chapter Chapter 13|30 pages

Demand and Supply of Health Insurance

chapter Chapter14|26 pages

The Organization of Health Insurance Markets

chapter Chapter 15|29 pages

Managed Care

part V|103 pages

Key Players in the Health Care Sector

chapter Chapter 16|23 pages

Hospitals and Long-Term Care

chapter Chapter 17|18 pages

The Physician's Practice

chapter Chapter 18|30 pages

Health Care Labor Markets and Professional Training

chapter Chapter 19|30 pages

The Pharmaceutical Industry

part VI|147 pages

Social Insurance

chapter Chapter 20|26 pages

Equity, Efficiency, and Need

chapter Chapter 21|29 pages

Government Intervention in Health Care Markets

chapter Chapter 22|31 pages

Social Insurance

chapter Chapter 23|28 pages

Comparative Health Care Systems

chapter Chapter 24|31 pages

Health System Reform