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The economics of health and health care 9th Edition By Sherman Folland, Allen C Goodman, Miron Stano, and Shooshan

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773
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9.17 MB
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About this ebook
The Economics of Health and Health Care (9th Edition) by Sherman Folland, Allen C. Goodman, and Miron Stano—with co-author Shooshan Danagoulian—is a market-leading health economics textbook published by Routledge. It balances economic theory, empirical evidence, and public policy through core microeconomic principles. [1, 2, 3]
Key Topics & Core Frameworks
The textbook is broadly structured into fundamental economic tools, supply and demand mechanics, health insurance markets, and institutional structures. Core topics covered include: [1]
  • Basic Economic Tools: Microeconomic and statistical tools foundational to health economics, including economic efficiency and cost-benefit analysis. [1]
  • The Supply and Demand of Health: The production of health, the demand for health capital (the Grossman model), and the production, cost, and technology of health care. [1, 2]
  • Information Economics: How asymmetric information, agency relationships, and supplier-induced demand shape healthcare choices. [1]
  • Health Insurance Markets: The demand for health insurance, risk pooling, moral hazard, adverse selection, and the operation of private versus managed care systems. [1]
  • Healthcare Providers: The institutional behaviors of hospitals, physicians, the health labor market, and nonprofit vs. for-profit firms. [1]
  • The Pharmaceutical Industry: Economic incentives, innovation, regulations, and market structures of drug manufacturing. [1]
  • Government Intervention & Equity: The role of government regulations, public programs (like Medicare and Medicaid), and comparative healthcare systems globally. [1, 2]
Brand New Topics in the 9th Edition
The ninth edition features extensive updates to reflect the post-pandemic landscape and modern technological shifts: [1]
  • Disparities in Health and Health Care (Chapter 7): A brand new chapter focusing on how race, ethnicity, income, gender, and geography intersect with healthcare access, resource inputs, and final health outcomes.
  • Pandemic Economics (Chapter 9): A brand new chapter introducing a simplified economic analysis of epidemics and pandemics through the framework of the COVID-19 pandemic.
  • Digital Medicine: Integrated applications and studies exploring the rapidly growing literature and economic implications of telehealth, AI, and digital health tools.
  • Policy Updates: Thoroughly updated impacts of the Affordable Care Act (ACA) and revised comparative analyses exploring health access and cost discrepancies across multiple countries. [1, 2]

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