Health Economics
| Code | School | Level | Credits | Semesters |
| ECON2044 | School of Economics | 2 | 10 | Spring China |
- Code
- ECON2044
- School
- School of Economics
- Level
- 2
- Credits
- 10
- Semesters
- Spring China
Summary
This course presents theoretical and empirical findings as they pertain to decisions individuals make about their health and health care, and choices suppliers of health care services make, as well as a guide for government decision making about resource allocation and policy in the health sector. The theoretical and empirical approaches discussed in this course draw heavily on the more general field of applied microeconomics. In addition, reflecting the increased interest in global health, this course takes a global view in the sense that the analysis is not country-specific, but applies to countries all over the world. The structure of the course is organized sequentially in a way that has been widely used in economics. It begins from the individual and firm level (physicians, hospitals and pharmaceutical firms), then shifts to market level (health sector), and finally moves to a macroeconomic level (economic sector) which views the economy as a whole and the role of health and health care within the macro economy.
Prerequisite: students should be familiar with economic theory and basic econometrics knowledge (such as the interpretation of regression) for coursework.
Please note this module is assessed at the end of in Spring semester. First sit/ Resit exams are scheduled normally in the summer and can take the same form as the missing/ failed component of the assessment (exam, essay etc.) or other form, as decided by the School.
Target Students
Year 3 Economics students or others with an interest in health behavior and health systems.
Classes
- One 1-hour seminar each week for 3 weeks
- One 2-hour lecture each week for 10 weeks
Assessment
- 100% exam1 (1-hour-30-minute): 1.5 hours written exam
Assessed by end of spring semester
Educational Aims
The goal of this course is to enhance the student’s economic understanding of how health care institutions and markets function, with the special focus on how economists view about health and health care.Learning Outcomes
A2 Apply core economic theory and economic reasoning to applied topics.
A6 Extensive knowledge and skills in specific specialisms in economics.
B4 Be able to frame analysis of problems, identifying which parameters should be taken as fixed and why they might change.
C1 Discuss and analyze government policy.
C4 Understand the context in which a problem is to be addressed.
D2 Communicate effectively and clearly in written and oral formats.
D4 Show that they can work effectively in a team.
Conveners
- Dr Molin Li