EC979: Health Economics
Introduction
EC979-15 Health EconomicsPrincipal Aims
The aims of this module are to provide students with an overview about the use of economic analysis in major aspects of health insurance and health care. The module examines the supply, demand, and constraints associated with health care provision. The module also considers different approaches to economic evaluation of health care and the measurement and valuation of health.
Principal Learning Outcomes
Subject knowledge and understanding:...demonstrate the ability to apply core economic concepts to health and health care.
Subject knowledge and understanding:...evaluate different approaches to the production, funding, and distribution of health care using health economics and econometrics techniques.
Subject knowledge and understanding:...show a clear understanding about the importance of health and health care for the successful functioning of the economy.
Syllabus
The module will typically cover the following topics:
1. Introduction to health economics. 2. The demand for health insurance. 3. Asymmetric information and market failures in the health insurance market. 4. The demand and supply of health services. 5. The design of optimal incentive schemes in health care. 6. Inefficiency and regulation in the health care market. 7. Economic evaluation of health care: measuring the benefits of health care. 8. Economic evaluation of health care: methods and applications. 9. Summary.
Context
- Optional Module
- L1P6 - Year 1, L1P7 - Year 1
Assessment
- Assessment Method
- Coursework (30%) + Centrally-timetabled examination (On-campus) (70%)
- Coursework Details
- Centrally-timetabled examination (On-campus) (70%) , Problem Set 1 (15%) , Problem Set 2 (15%)
- Exam Timing
- May