The Economics of Health Reconsidered

Challenge the status quo in health economics. This fifth edition of The Economics of Health Reconsidered challenges the reliance on market forces in healthcare and advocates for government intervention. Critically examining economic theory applied to healthcare, it encourages questioning assumptions behind the competitive model.

Explore demand and supply, equity, expenditures, and economic evaluations. Updates include behavioral economics and how decision-making compares to traditional frameworks. Discover the government's crucial role in efficient healthcare.

• Understand market failures
• Analyze healthcare policy
• Apply economic theory to the healthcare sector

Targeting health economists, policy analysts, and graduate students, this edition provides insights for a more efficient and equitable healthcare sector.