HS 480B — Economic Analysis for Physicians as Managers

Yields half-course credit.

Introduces tools of economics that can be used for managerial decision making in the health sector. A framework based on optimization of objectives will enable us to organize information concerning input costs, the market for your output, and technology. For clear managerial decisions, it is important to know what your organization is maximizing, what aspects of a situation you can affect, and what constraints you cannot change. We will apply these ideas as we consider the economics of supply and production, consumer demand, and market power. Along the way, we will examine health policy initiatives that attempt to change managerial and consumer incentives to change market outcomes. Offered as part of the Heller Executive MBA for Physicians.
Christine Bishop