Contemporary Economic Problems

General

Prefix

ECON

Course Number

483

Course Level

Undergraduate

Department/Unit(s)

College/School

Herberger Business School

Description

Solutions of problems arising from growth and development of modern institutions under the free enterprise system.

Credits

Min

3

Max

3

Repeatable

No

Goals and Diversity

MN Goal Course

No

Cultural Diversity

No

Learning Outcomes

Outcome

Explain how basic economic theory predicts the supply, demand and consumption of health care.

Outcome

Compare and contrast free market economies and command economies.

Outcome

Explain the current and historical distribution of National Health Expenditures and the various sources of healthcare financing.

Outcome

Explain how concepts of efficiency and value are applied to health expenditures and the relationship between expenditures and health outcomes.

Outcome

Recognize types of health care rationing and explain where and how they are utilized.

Outcome

Explain how insurance markets work, how insurance premiums are determined and common reasons why insurance markets fail.

Outcome

Describe the relationship between provision of insurance, government regulation of insurance, and health care expenditures.

Dependencies

Programs

ECON483 is a completion requirement for: