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: