Economic Analysis in Health Care or Post Walrasian Macroeconomics

Economic Analysis in Health Care

Author: David Parkin

Health economics is concerned with the evaluation of the effectiveness of health care, particularly by examining the social opportunity costs of alternative forms of treatment.  The peculiar nature of the market for health care – that doctors have a major influence on both supply and demand -.has attracted attention, as has the study of the options available for financing such services.

Economic Analysis in Health Care provides a comprehensive coverage of both the economics of health care systems and the evaluation of health care technologies.  It has been written as a core textbook for advanced undergraduate and postgraduate students with knowledge of economic analysis and will appeal to an international audience.

• Adopts an international perspective, using examples and case studies from the UK, the rest of Europe, and other countries.

• Contains detailed exposition of the economic theory alongside relevant examples and applications

• Focuses on both market-related and economic evaluation aspects of health economics (some books focus purely on market-related aspects)

• Strong author team with very broad experience of writing and teaching health economics

Interesting book: The Anthrax Letters or Worlds Apart

Post Walrasian Macroeconomics: Beyond the Dynamic Stochastic General Equilibrium Model

Author: David Colander

Macroeconomics is evolving in an almost dialectic fashion. The latest evolution is the development of a new synthesis that combines insights of new classical, new Keynesian and real business cycle traditions into a dynamic, stochastic general equilibrium (DSGE) model that serves as a foundation for thinking about macro policy. That new synthesis has opened up the door to a new antithesis, which is being driven by advances in computing power and analytic techniques. This new synthesis is coalescing around developments in complexity theory, automated general to specific econometric modeling, agent-based models, and non-linear and statistical dynamical models. This book thus provides the reader with an introduction to what might be called a Post Walrasian research program that is developing as the antithesis of the Walrasian DSGE synthesis.

Table of Contents:

1	Episodes in a century of macroeconomics	27
2	Post Walrasian macroeconomics : some historic links	46
3	The problem of time in the DSGE modle and the post Walrasian alternative	70
4	Who is post Walrasian man?	80
5	Social interactions and macroeconomics	97
6	Macroeconomics and model uncertainty	116
7	Restricted perceptions equilibria and learning in macroeconomics	135
8	Not more so : some concepts outside the DSGE framework	161
9	Agent-based computational modeling and macroeconomics	175
10	Multi-agent systems macro : a prospectus	203
11	Agent-based financial markets : matching stylized facts with style	221
12	The past as the future : the Marshallian approach to post Walrasian econometrics	239
13	Old world econometrics and new world theory	258
14	Four entrenched notions post Walrasians should avoid	277
15	Confronting the economic model with the data	287
16	Extracting information form the data : A European vies on empirical macro	301
17	Economic policy in the presence of coordination problems	335
18	Monetary policy and the limitations of economic knowledge	347