MSc Economics / Course details

To equip students with an understanding (and skills to critique) modern economic theories applied to topical issues surrounding the demand for health and provision of health care.

To equip students with an understanding (and skills to critique) modern economic theories applied to topical issues surrounding the demand for health and provision of health care.

On completion of this unit successful students will be able to demonstrate:

• A good understanding of key economic concepts related to the demand for health

• A good understanding of key economic concepts related to health care provision

• The ability to critically appraise health care policies and reforms

• The skills to produce original work in the form of theoretical models or empirical analysis

Topic 1 Resource allocation I: Allocative efficiency (budgets) (WW)

Topic 2 Resource allocation II: Technical efficiency (economic evaluation) (WW)

Topic 3 Demand for health (theory) (LM)   

Topic 4 Supply, regulation, and financing of health care (TM)

Lectures and tutorials.

Pre-Requisites

ECON 60391 (Microeconomics) or ECON 60101 (Microeconomic Theory)

ECON 60611 (Introduction to Econometrics) or ECON 61001 (Econometric Methods)

Morris, S, Devlin, N, Parkin, D, and Spencer, A. (2012) Economic Analysis in Healthcare, Wiley

Zweifel P, Breyer F, Kifmann M. (2009) Health Economics. Second Edition. Springer.
Plus standard undergraduate textbooks for microeconomic theory and econometrics.