The Economics Department

Michael Geruso


Associate ProfessorPh.D., Princeton University

Michael Geruso

Contact

  • Phone: 512-475-8704
  • Office: BRB 2.118
  • Office Hours: Spring 2020 | T 2:30 PM-3:30 PM
  • Campus Mail Code: C3100

Biography


Please go to my homepage for more information and the most up-to-date listing of my projects. See The University of Texas Electoral College Study (utecs.org) for my work on the Electoral College.

Professor Geruso is a nationally recognized authority on US health insurance markets. His work addresses issues of adverse selection and imperfect competition. He has written extensively on risk adjustment and its implications for plan benefit design and upcoding. His developing country research focuses on the environmental determinants of infant health and survival, including poor local sanitation and extreme weather. His work has been published in peer-reviewed outlets including the American Economic Review, the Journal of Political Economy, and the Journal of Health Economics and has been featured in the New York Times, the Wall Street Journal, NPR, and the Economist magazine. His research has been funded by the Gates Foundation, the National Institutes of Health, and the Robert Wood Johnson Foundation.

Professor Geruso is a faculty research fellow at the National Bureau of Economic Research and holds bachelor’s degrees from Virginia Tech and a PhD in Economics from Princeton. He completed postdoctoral work at Harvard prior to joining the faculty at the University of Texas at Austin in 2014. Since 2014, he has served on the board of the Research Institute of Compassionate Economics (r.i.c.e.). 

 

Courses


ECO 325K • Health Economics-Wb

33690 • Fall 2020
Meets MW 10:00AM-11:30AM
Internet; Synchronous

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 325K • Health Economics

33710 • Fall 2019
Meets MW 10:00AM-11:30AM BUR 224

This course provides real-world application of the economic theory concepts with which students are already familiar. You will learn how to evaluate issues in health and healthcare through the lens of economics. You will acquire the basic tools needed to analyze current health care policy debates. Topics include cost-benefit analysis, patients’ demand for health services, physician payment incentives, the functioning of private health insurance markets, public insurance programs, and the justification for government regulation of the US healthcare system. Current issues and policy applications will be discussed throughout the course.

The class will be reasonably difficult. You will be asked not just to solve numerical and graphical problems, but also to determine what economic models and graphical frameworks apply to the problem at hand.

Prerequisites: Intermediate Microeconomics (420K) is an essential prerequisite for this course.

ECO 325K • Health Economics

33715 • Fall 2019
Meets MW 11:30AM-1:00PM BUR 224

This course provides real-world application of the economic theory concepts with which students are already familiar. You will learn how to evaluate issues in health and healthcare through the lens of economics. You will acquire the basic tools needed to analyze current health care policy debates. Topics include cost-benefit analysis, patients’ demand for health services, physician payment incentives, the functioning of private health insurance markets, public insurance programs, and the justification for government regulation of the US healthcare system. Current issues and policy applications will be discussed throughout the course.

The class will be reasonably difficult. You will be asked not just to solve numerical and graphical problems, but also to determine what economic models and graphical frameworks apply to the problem at hand.

Prerequisites: Intermediate Microeconomics (420K) is an essential prerequisite for this course.

ECO 325K • Health Economics

34410 • Fall 2018
Meets MW 9:30AM-11:00AM UTC 1.118

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 325K • Health Economics

34415 • Fall 2018
Meets MW 11:00AM-12:30PM WRW 113

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 325K • Health Economics

34290 • Fall 2017
Meets MW 9:30AM-11:00AM CMA 3.114

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 325K • Health Economics

34295 • Fall 2017
Meets MW 11:00AM-12:30PM BUR 134

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 325K • Health Economics

34035 • Fall 2016
Meets MW 9:30AM-11:00AM CLA 1.104

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 325K • Health Economics

34040 • Fall 2016
Meets MW 11:00AM-12:30PM WAG 201

Explores medical care as a commodity, demand for health and medical services, economic behavior of medical care providers, and the functioning of medical insurance markets. Government regulation and provision of health care and health insurance.

 

PREREQUISITE: ECONOMICS 420K OR 421K WITH A GRADE OF AT LEAST C-.

ECO 350K • Health Economics

33388 • Fall 2015
Meets MW 11:00AM-12:30PM WEL 2.304

Please check back for updates.

ECO 350K • Health Economics

33389 • Fall 2015
Meets MW 9:30AM-11:00AM WEL 2.304

Please check back for updates.

ECO 350K • Health Economics

33625 • Spring 2015
Meets TTH 9:30AM-11:00AM CLA 1.104

Please check back for updates.

ECO 350K • Health Economics

33630 • Spring 2015
Meets TTH 12:30PM-2:00PM SZB 296

Please check back for updates.

ECO 350K • Health Economics

34835 • Spring 2014
Meets TTH 9:30AM-11:00AM CLA 1.104

Please check back for updates.