In this book, author Diane M. Dewar presents readers with the second edition of her comprehensive examination of the healthcare system from the perspective of economic theory. The author covers health economics, the U.S. healthcare system, the role of economics, healthcare markets, the competitive healthcare market, noncompetitive market models and market failures, the role of government in healthcare markets, the demand for health, and a wide variety of other related topics. The author is a faculty member of the University of Albany – State University of New York and the Director for the Institute for Health Annotation ©2016 Ringgold, Inc., Portland, OR (protoview.com)