Background
Musgrave, Frank Webster was born on March 28, 1932 in Newark. Son of William Edward and Margaret (Hacker) Musgrave.
(Designed as a primary text for courses in health care eco...)
Designed as a primary text for courses in health care economics and policy analysis, this comprehensive work places the issues and economic analysis of the health care industry in the context of market forces driving the industry, including negotiated markets, managed care, and the growing influence of oligopolies. Written in accessible prose, without the aid of technical jargon and mathematical formulations, the content is rich with applicable, understandable economic concepts and analysis, and examples of market failure and government involvement. Some of the major policy issues covered are drug pricing, Medicare and Medicaid reform, the medically uninsured, for-profit hospital monopoly price power, managed care competitive pricing, and new negotiated markets. The relevant economic concepts employed in the text include price elasticity of demand/supply, market structure from competitive to oligopolistic markets, monopoly pricing power, measures of health care inflation and the biases of the CPI, demand and supply factors, inverse relationship of present health care expenditures as a percentage of GDP, measures/concepts of efficiency, and the role of government in a market era.
http://www.amazon.com/gp/product/0765612569/?tag=2022091-20
Musgrave, Frank Webster was born on March 28, 1932 in Newark. Son of William Edward and Margaret (Hacker) Musgrave.
AB, Muhlenberg College, Allentown, Pennsylvania, 1954; Master of Business Administration, Rutgers University, Newark, 1961; Doctor of Philosophy, Rutgers University, New Brunswick, 1968.
Teacher, Lakewood (New Jersey) High School, 1958-1968; assistant professor, Ithaca (New York) College, 1968-1972; associate professor economics, Ithaca (New York) College, 1972-1979; professor economics, Ithaca (New York) College, since 1979.
(Designed as a primary text for courses in health care eco...)
Association director Southern Tier Center Economics Education, Binghamton, New York, since 1977. Board directors New York State Council Economics Education, since 1974, Tompkins Community Hospital, Ithaca, 1977-1988. With United States Army, 1955-1957.
Member American Association of University Professors, New York State Economics Association (president 1989-1990), American Economics Association.
Married Eva Mae Gifford, October 15, 1960. Children: Scott Kenneth, Marcia Carol.