Economics of Health Care Markets
  • Syllabus
  • Schedule
  • Assignments
  • Resources

Schedule

Below is the plan for each class day. The icon links to the relevant chapter of the online class book and the icon to that day’s slides. The Assessment column flags the graded events — quizzes, simulations, the midterm, and homework due dates (the icon links to the homework). A blank Assessment cell is a regular discussion day.

Most class days are Q&A days: a randomly drawn panel discusses the reading while the rest of the class asks questions. Simulation days replace discussion with an in-class game and a debrief, and a few days open with a short auto-graded quiz. Check-in, the panel draw, quizzes, and the question queue all run through our class platform (Commons).

The schedule is provisional — topics, readings, and the exact placement of quizzes and simulations may shift as the term unfolds.

Module 0: Welcome to the Class!

Class Date Topic Reading Slides Assessment
1 Thu 8/27 The U.S. health care system; how this class works

Module 1: Health Insurance

Class Date Topic Reading Slides Assessment
2 Tue 9/1 Coverage & cost-sharing
3 Thu 9/3 Cost-sharing & networks; worked examples Quiz 1
4 Tue 9/8 Buying insurance Sim 1A
5 Thu 9/10 Risk & the demand for insurance
6 Tue 9/15 Risk premium & willingness to pay Quiz 2
7 Thu 9/17 Setting premiums Sim 1B
8 Tue 9/22 Public insurance: Medicare & Medicaid
9 Thu 9/24 Adverse selection & unraveling
Fri 9/25 Homework 1 due
10 Tue 9/29 Risk adjustment; adverse-selection synthesis Quiz 3
11 Thu 10/1 Insurance wrap-up

Module 2: Physician Agency and Treatment Decisions

Class Date Topic Reading Slides Assessment
12 Tue 10/6 Physician agency & payment models
13 Thu 10/8 Patient & treatment decisions Sim 2A
Fri 10/9 Homework 2 due
Mon–Tue 10/12–13 Fall break — no class
14 Thu 10/15 Physician learning & geographic variation
15 Tue 10/20 Physician decisions Sim 2B
16 Thu 10/22 Physician synthesis & policy Quiz 4

Module 3: Hospital Pricing and Competition

Class Date Topic Reading Slides Assessment
17 Tue 10/27 Hospital objectives & behavior
18 Thu 10/29 Pricing; charges vs. prices; cost-shifting
19 Tue 11/3 Choosing a hospital Sim 3A
20 Thu 11/5 Competition, HHI & mergers
21 Tue 11/10 Pricing & HHI worked examples Quiz 5
22 Thu 11/12 Insurer–hospital negotiation Sim 3B
Fri 11/13 Homework 3 due
23 Tue 11/17 Consolidation & policy; midterm review

Midterm

Class Date Topic Reading Slides Assessment
24 Thu 11/19 In-class exam — insurance, physicians & hospitals Midterm

Module 4: Prescription Drugs

Class Date Topic Reading Slides Assessment
25 Tue 11/24 Monopoly & generic pricing
Wed–Fri 11/25–27 Thanksgiving — no class
26 Tue 12/1 R&D and innovation Sim 4A
27 Thu 12/3 Patents, Hatch-Waxman & the FDA; innovation policy Quiz 6
28 Tue 12/8 Course synthesis & policy capstone

Content 2026 by Ian McCarthy
All content licensed under a Creative Commons Attribution-NonCommercial 4.0 International license (CC BY-NC 4.0)

 

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