ECON 40565 Health Economics
· For the week of October 8th
o Office hours today will be 6pm – 8pm – I will be sitting on the main floor of LaFortune somewhere to answer your questions
o Problem set 2 is due at the start of class on Thursday
o We will finish adverse selection tomorrow. Please read Cutler and Reber and Simon. The notes below about what pages to read.
o If we have time, we will start Moral Hazard, so please read the chapter in the textbook about the demand for medical care and the Newhouse et al. book chapters
o Also, please download the notes for Moral Hazard
o In preparation for the test next Tuesday, we will go over problem set 2 in class on Thursday of this week.
· For the week of October 2nd
o We will finish up the section on expected utility on Tuesday and begin Asymmetric information/Adverse selection that day so download the lecture notes for this section
o For Tuesday, please read Chapter 9 in the textbook and Rothschild-Stiglitz, pages 629-638.
o For Thursday, please read Cutler and Reber, pages 433-435, 444-450 and Simon pages 1865-1872.
o Problem set 2 will be distributed Tuesday, due Thursday October 11.
· For the week of September 25th
o Download the lecture notes on expected utility
o Please Chapters 7 and 9 in the textbook
o Problem set 1 is due at the start of class on Tuesday, September 25th
· For class on September 18th
o Read the Cutler et al. and Schantzenbach papers on Obesity
o Download the lecture notes on obesity
· For the week of September 11th
o Download the lecture notes for the external costs of poor health
o Please read the book chapter and articles associated with this section
o Problem set #1 will be distributed on Tuesday, September 11
· For the week of September 4th
o Download two sets of lecture notes. Measuring health (which is very short) and Modern correlates of health (much longer)
o Please the Chapter 5 in the text book, plus the articles by Marmot; Deaton; Simth; Redelmeier and Singh
o When first published, the results of the Redelmeier and Singh article appeared on most nightly news broadcasts and on in almost every major newspaper. You may not understand all the statistics in the paper but the graph is an indication of the statistical model they were using in their work. There is a fundamental flaw in their analysis. You can Google the answer but first try to ponder what they did wrong.
· For Thursday, August 30
o Please read Chapter 5 from the text and the articles by McKeown and Fogel
o Download the lecture notes for “Measuring Health” and “The Production of Health from a Historical Perspective”
· For the first day of class
o Please read the 1st 2 chapters of the text book
o Download the lecture notes (in power point handout mode) for “What is health economics?”