Course unit details:
Healthcare Economics
Unit code | ECON60432 |
---|---|
Credit rating | 15 |
Unit level | FHEQ level 7 – master's degree or fourth year of an integrated master's degree |
Teaching period(s) | Semester 2 |
Available as a free choice unit? | Yes |
Overview
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.
Pre/co-requisites
Unit title | Unit code | Requirement type | Description |
---|---|---|---|
Microeconomic Theory | ECON60101 | Pre-Requisite | Compulsory |
Macroeconomic Theory | ECON60111 | Pre-Requisite | Compulsory |
Microeconomics | ECON60391 | Pre-Requisite | Compulsory |
Econometric Methods | ECON61001 | Pre-Requisite | Compulsory |
Macroeconomics | ECON60411 | Pre-Requisite | Compulsory |
Pre-Requisites:
(ECON60391 OR ECON60101) AND (ECON60111 OR ECON61001)
Aims
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.
Learning outcomes
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
Syllabus
Provisional
Topic 1 Resource allocation I: Allocative efficiency (budgets)
Topic 2 Resource allocation II: Technical efficiency (economic evaluation)
Topic 3 Demand for health (theory)
Topic 4 Supply, regulation, and financing of health care
Teaching and learning methods
Lectures and tutorials.
Knowledge and understanding
Pre-Requisites
ECON 60391 (Microeconomics) or ECON 60101 (Microeconomic Theory)
ECON 60611 (Introduction to Econometrics) or ECON 61001 (Econometric Methods)
Assessment methods
Method | Weight |
---|---|
Written exam | 75% |
Written assignment (inc essay) | 25% |
Recommended reading
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.
Study hours
Scheduled activity hours | |
---|---|
Lectures | 20 |
Tutorials | 5 |
Independent study hours | |
---|---|
Independent study | 125 |
Teaching staff
Staff member | Role |
---|---|
Sean Gavan | Unit coordinator |