Health Economics (6th Edition)

Author: Charles E. Phelps

Publisher: Routledge

Publication Date: December 11, 2017

ISBN-10: 1138207985

ISBN-13: 978-1138207981

Can economic thinking truly clarify the complexities of the healthcare system? Health Economics, now in its sixth edition, demonstrates how economic principles provide the essential tools to analyze the behavior of both patients and providers within healthcare markets. This comprehensive text blends modern economic theory with the latest empirical research and up-to-date studies to offer a thorough overview of the field.

Key updates and features in this sixth edition include:

• Expanded analysis of the consequences of the Patient Protection and Affordable Care Act (PPACA) in the context of current political shifts.
• An extensive discussion regarding healthcare quality measures.
• Enhanced coverage of the economics of preventive services.
• A dedicated section focused on drug markets and their regulation.
• In-depth examination of Accountable Care Organizations (ACOs).
• Updated references, comprehensive problem sets, and revised supporting materials.

Designed primarily for upper-division undergraduate economics students, this book is also an essential resource for those studying microeconomics, public health policy, and the intersection of health and society. Its accessible approach makes it equally suitable for professional students in graduate programs such as public policy, business, law, and public health.