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Health Economics Summer Institute

Learn Ways to Integrate Health Economics Into Your Classroom

AUDIENCE: High School Teachers

DATE: Individual Sessions Presented Daily July 6 - July 17, 2020

TIME: See below for Individual Session Times




Program Elements

The overall purpose of the ...

... is for high school teachers who teach or integrate economics into their classrooms

Participants earn 1 point for each session.

There are two primary goals of the program:

  1. Review and reinforce an understanding of economic concepts identified in the Economics Standards.
  2. Share best teaching practices relating these concepts to current health economic micro, macro and public policy issues.



July 6, 2020

12 noon, ET

Why are Prescription Drugs so Expensive? And What Can We Do About it?

Presenter: Katrina Babb, Assistant Director, Center for Economic Education and Instructor of Economics, Indiana State University

It's not just Epi Pens and Insulin...Prescription Drugs in the US are extremely expensive. In this session we will explore why by applying concepts taught in any high school economics course (elasticity, market structures, incentives, etc.). We will also brainstorm possible solutions to this medical and financial crisis.

July 6, 2020


Health Insurance and the Opioid Epidemic

Presenter: Biniyam Yemane, Doctoral Candidate, IUPUI

The United States is facing an unprecedented opioid epidemic with over 2 million people having a prescription opiate addiction. This session will explore and exposit the impact of access to health insurance in reducing the opioid epidemic. The session will also use the behavioral economic approach in explaining substance abuse among young adults and discuss alternative prevention and intervention strategies.

July 7, 2020

1 PM, ET

Health and the Macroeconomy

Presenters: Katrina Babb, Assistant Director, Center for Economic Education and Instructor of Economics, Indiana State University
Alecia Adams, Economics Teacher, Brown County High School
Dalton Veach, Social Studies Education major, Indiana State University

When we discuss human capital investment, the conversation is typically centered around going to college. But, what about investments in health? IN this session, we will look at traditionally taught macro concepts with health care examples. We will also work with two newly created lessons that explore the impact of COVID-19 on unemployment and RGDP.

July 8, 2020

12 noon, ET

Don't Get Caught by COVID-19 or Con Artists

Presenter: Kelly Griese, Senior Investor Education Coordinator, Indiana Secretary of State's Office

In this live presentation, learn how to avoid fraud and scams, including news ones related to the COVID-19 pandemic. There will be a question and answer session as well. Plus, we'll wrap up with a virtual financial fitness activity you can do with kids that features Marvel's "Avengers" comic book characters.

July 9, 2020

12 noon, ET

Preparing for a Career in Health Care

Presenters: Jackie Mathis, Director, West Central Indiana AHEC, ISU AND
Katrina Babb, Assistant Director, Center for Economic Education and Instructor of Economics, Indiana State University

What is an AHEC and how can it help your students prepare for a careet in health care? In this session, we will explore a wide variety of medical professions and discuss the necessary human capital investments. You will click away with a ready-to-use lesson, resources, and connections.

July 9, 2020

1 PM, ET

Knowing the Disease

Presenter: David Mahon

Income and race matter when it comes to access to quality health care, healthy food options, clean environments, and safe jobs. This brief presentation explores these differences and the disparate impact they have on the well-being of marginalized people and challenges attendees to consider solutions to these problems.

July 10, 2020

12 noon, ET

Why Do I Care About Your Health Care?

Presenters: Alecia Adams, Economics Teacher, Brown County High School & Dalton Veach, Indiana State University

After a brief overview of inefficiencies in the healthcare market, we will examine externalities associated with health care in general and Covid-19 specifically. Participants will engage in station activities fit for middle school or high school classrooms, including AP Microeconomics.

July 10, 2020

1 PM, ET

Market Failures and Institutional Responses in Public Health

Presenter: Chris McGrew, Ph.D. Indiana State University

Healthcare markets around the world seldom produce the optimal output for health care services. The market allows for the abuse of monopoly power or for others outside of the market transaction to benefit from an exchange in healthcare services. Secondary and AP teachers often focus on environmental examples for teaching the concepts around market failures and the institutional responses to those failures. Governmental and non-governmental institutions play an important role in helping the market produce an optimal output for public health services when the transaction costs are too high for individual participants to negotiate a price associated with the optimal output. The current healthcare crisis provides new examples teachers may use to illustrate important concepts in microeconomics. Using examples from local health departments to the World Health Organization, the presenter will demonstrate how secondary and AP teachers may use the current health crisis to teach these important concepts.

July 13, 2020

12 noon, ET

Where's My TP and Milk? How a Pandemic Lead to Shortages and Inefficiencies

Presenter: Marie Truesdell Reymore, Ph.D., Course Instructor II, Western Governors University

What do toilet paper, milk, and yeast all have in common? Why were farmers dumping milk, but stores not have enough and were rationing how much people could buy? We usually think of shortages leading to increases in prices to bring markets back to equilibrium, but what happens when prices can't rise?

July 14, 2020

12 noon, ET

Essential or Sacrificial Workers?

Presenter: Katrina Babb, Assistant Director, Center for Economic Education and Instructor of Economics, Indiana State University

What determines if a job is essential? Why are so many essential workers paid minimum wage? Should medical professionals be expected to work without appropriate PPE? Would sacrificial be a more accurate adjective than essential? In addition to exploring those pressing questions, we will apply core curriculum economic concepts such as supply and demand, elasticity, factor markets, and government intervention. You will click away from this interactive session with ready-to-use lessons.

July 15

12 noon, ET

Is It Enough? Macroeconomic Policy Responses

Presenter: Robert Guell, PhD, Economics Professor, Indiana State University

The macroeconomic policy responses are described (from the CARES Act, the Families First Act, and the myriad, to the monetary stimulus offered by the Federal Reserve). Discussion regarding the wisdom of supporting state and local governments will also be discussed.

July 16, 2020

12 noon, ET

Policy vs. Pandemics: Teaching Public Policy and Administration Using Tabletop Games

Presenter: Nathan Myers,Indiana State University

This session will discuss the development and use of a simulation-based exercise designed to teach students about public policy and administrative challenges government is likely to face during a pandemic. This simulation can be used in both an on-line and in-class environment and focuses on preparedness, response, and recovery in regard to public health emergencies. The exercise can be designed to look retrospectively at past emergencies or to look ahead to future crises and can encompass a variety of disciplines in the social sciences.

July 16, 2020

1 PM, ET

Insurance and Risk

Presenter, Greg Valentine, Professor Emeritus, University of Southern Indiana


July 17, 2020

12 noon, ET

Teaching Economics in a Post-Covid World

Presenter: Mohammad Kaviani, Director IUPUI Center for Economic Education

In addition to teaching us how many times a day we touch our face, what has COVID taught us? Do the Economic Principles we hold dear still have all the answers? The global pandemic is having undeniable impact on immigration and trade. We will explore if or how we adjust how we teach international economics. As the last webinar in a 16-part series, please join me for a reflective discussion about how to teach economics in a Post-COVID world.



Perspectives on Policy