Roz Engel is an Adjunct Assistant Professor of Health Policy and Management of NYU’s Robert F. Wagner Graduate School of Public Service. Since fall 2016, she has also served as the Director of the Office of Macroeconomic Analysis at the US Department of the Treasury. As the senior career executive charged with reporting on and analyzing U.S. economic developments, she directly supports senior Treasury officials in the policy formulation process and in numerous domestic and international engagements. Since January 2017, she has fulfilled the duties of the Deputy Assistant Secretary for Macroeconomics and, on occasion, those of the Assistant Secretary of Economic Policy. Prior to her tenure at the Treasury Department, Roz served as the National Intelligence Manager & National Intelligence Officer for Economic Issues at the Office of the Director of National Intelligence (ODNI). In this capacity, she oversaw and integrated all aspects of the economic intelligence in support of US foreign and security policy. She directed mid- and long-term strategic analysis of global economics, finance, and energy within the National Intelligence Council and served as the Director of National Intelligence's personal representative to the wider policy community on these issues. Prior to joining the ODNI, she was a Distinguished Research Fellow in Economics at the National Defense University, specializing in the economics of national security, and an adjunct member of the faculty at the Eisenhower School. She also spent more than eight years on the economics faculty at West Point, where she taught an array of courses. Her academic research has focused on questions relating to labor economics and economic development, publishing in the Journal of Conflict Resolution, Journal of Law and Economics, and Economics of Education Review. Roz earned a Ph.D. in economics from Columbia University and a master's degree in economic history from the London School of Economics. She also held research and editorial position at the International Monetary Fund, the Brookings Institution, and the U.S. Senate.
The primary purpose of the microeconomics core course is to enable you to use microeconomic thinking, concepts and tools in your professional public service work. Accomplishing this also requires refreshing and strengthening your quantitative skills.
The course begins with the basics of supply and demand and market operations, and uses this as the context for considering consumer and organizational decisions within a given market structure. The course builds to applying economic analysis to a variety of public issues such as the effects of taxation, the market structure of health care, the impacts of the minimum wage, the effects of international trade and various approaches to environmental externalities.
By the end of the course you should be able to articulate the economic context and analysis of a public problem, use economic concepts in managerial and policy decisions, and progress to second level courses confident of your understanding of microeconomics and its tools.
This course provides the core microeconomic theories and concepts needed to understand health and health care issues in both the developed and developing world. It describes how the markets for health and health services are different from other goods, with a particular emphasis on the role of government and market failure. In addition it discusses the theoretical and empirical aspects of key health economics issues, including the demand for health and health services, supply side concerns, health insurance, the provision of public goods, and related topics. The course encourages students to fundamentally and rigorously examine the role of the market for the provision of health and health services and how public policy can influence these markets.