A required course for the Graduate Embedded Certificate in Health Economic Evaluation, this 3-credit course provides an introduction to health economic theory and its application to health-related topics. The areas covered include: (1) demand, supply, and utilization; (2) health production and cost of services; (3) societal resource allocation and policy decisions; (4) health insurance systems and selected facets of health planning; (5) determinants of health and equity; (6) health economic evaluation. No prior economics courses or experience required. Note: Credit may not be obtained for both PHS 570 and SPH 570.