Folland, Goodman, and Stano’s bestselling The Economics of Health and Health Care text offers the market-leading overview of all aspects of Health Economics, teaching through core economic themes, rather than concepts unique to the health care economy.

The Eighth Edition of this key textbook has been revised and updated throughout, and reflects changes since the implementation of the Affordable Care Act (ACA). In addition to its revised treatment of health insurance, the text also introduces the key literature on social capital as it applies to individual and public health, as well as looking at public health initiatives relating to population health and economic equity, and comparing numerous policies across Western countries, China, and the developing world. It provides up-to-date discussions on current issues, as well as a comprehensive bibliography with over 1,100 references. Extra material and teaching resources are now also available through the brand new companion website, which provides full sets of discussion questions, exercises, presentation slides, and a test bank.

This book demonstrates the multiplicity of ways in which economists analyze the health care system, and is suitable for courses in Health Economics, Health Policy/Systems, or Public Health, taken by health services students or practitioners.

chapter 1|25 pages


chapter 2|33 pages

Microeconomic Tools for Health Economics

chapter 3|19 pages

Statistical Tools for Health Economics

chapter 5|24 pages

Production of Health

chapter 7|24 pages

Demand for Health Capital

chapter 8|30 pages

Demand and Supply of Health Insurance

chapter 9|27 pages

Consumer Choice and Demand

chapter 10|20 pages

Asymmetric Information and Agency

chapter 11|29 pages

The Organization of Health Insurance Markets

chapter 12|35 pages

Manged Care

chapter 13|20 pages

Nonprofit Firms

chapter 14|23 pages

Hospitals and Long-Term Care

chapter 15|18 pages

The Physician's Practice

chapter 17|29 pages

The Pharmaceutical Industry

chapter 18|28 pages

Equity, Efficiency, and Need

chapter 20|32 pages

Social Insurance

chapter 21|31 pages

Comparative Health Care Systems

chapter 22|31 pages

Health System Reform

chapter 23|21 pages

The Health Economics of Bads

chapter 24|14 pages

The Economics of Social Capital and Health