Introduces students to the economics of health and health care. Health Economics is a growing field and is an important aspect of public policy in both developed and developing countries. It involves applying both micro and macro-economic concepts to analyze the efficiency and effectiveness of the production and delivery of services in the health sector industries. Students will learn about various health market related topics, such as government intervention in health care, monopolistic structure of the market, asymmetry of information, and presence of externalities. The course will also engage students in discussions about recent health policies both in the U .S and around the globe. Three hours lecture per week. Prerequisites: ECONOMIC.121 and ECONOMIC.122.