Manpower resources and their utilization, with particular reference to labor unions, collective bargaining and related public policies. Effects of these institutions on production, employment, prices and patterns of income distribution. Analysis of health as an economic good. Health services as scarce resources. Use of tools of economic theory in study of special problems of health resources, markets, manpower shortages, non-profit enterprises, insurance programs and Medicare.
Procedures stress individual studies and reports.
Same course as HCA 451. The economic role of government. Analysis of the theory of public goods. Criteria for efficient allocation of resources between the private and the public sector. Possible responses of government externalities, such as environmental degradation.