Introduction to Health Economics and Policy
Undergraduate: Level 6
Thursday 03 October 2019
Saturday 14 December 2019
20 September 2019
Requisites for this module
This module covers a broad range of concepts, theories, and topics related to the economics of health care. It builds on the insights of microeconomic theory. Health Economics emerged as a sub discipline of economics in the 1960s with the publication of two seminal papers by Kenneth Arrow (1963) and Mark Pauly (1968). The focus was on health market rather than on health status per se. It prompted the development of Economics of Health Care.
The aim of this module is to understand how methods developed in other economics classes can be applied to the health sector. Using standard microeconomic tools, and informed by empirical analysis, we will try to answer several questions that are relevant for policy debate. Why is the government playing such an important role in the health care sector? How does the patients' lack of information affect medical prices? Can we use economic models to understand the rationale for risky behaviours, such as smoking? Lectures will be devoted to build up an economic analysis of the demand and production of health and health care. These concepts will be further developed during classes, through the discussion of articles from both the economic literature and the press.
At the end of this module, students should be able to understand the main economic mechanisms related to health care and apply results from the literature to the current policy debate.
No additional information available.
One two-hour lecture per week in one term and an additional 5 hours of class/seminar sessions.
Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance. For modules including a term paper, the term paper will be returned with individualised feedback that addresses what the marking criteria are and how you could improve your own work.
- Bhattacharya, Jay; Hyde, Timothy; Tu, Peter. (2014) Health economics, Basingstoke: Palgrave Macmillan.
The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.
Assessment items, weightings and deadlines
|Coursework / exam
||120 minutes during Summer (Main Period) (Main)
Module supervisor and teaching staff
LEctures & classes: Dr Nadia Campaniello
For further information please send an e-mail message to email@example.com
Dr Hui Pan
Available via Moodle
Of 23 hours, 21 (91.3%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
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