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PU5008: INTRODUCTION TO ECONOMICS AND HEALTH ECONOMICS (2024-2025)

Last modified: 12 Sep 2024 12:16


Course Overview

Economics is concerned with how individuals and organisations use scarce resources. In this course, you will develop your understanding of economics and begin to apply it to health care. Knowledge of health economics helps us to understand how decisions are made regarding the use of scarce health care resource. It provides us with the tools and frameworks to ensure that available resources are used in the more effective way possible. Health economics allows more informed decision-making about a variety of issues: choosing between alternative treatments; setting priorities between patients; choosing between alternative new technologies; organising the provision of health care. 

Course Details

Study Type Postgraduate Level 5
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Shelly Farrar

What courses & programmes must have been taken before this course?

  • Pg Certificate in Health Economics (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

This course begins by introducing you to Economics as a discipline. It explains economic concepts such as demand, supply, utility, opportunity cost, marginal analysis, and efficiency. Consideration is then given to health care and how it differs to many other goods and services. Students will learn how these differences often lead governments to intervene in the provision and financing of health care. 


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

MCQ and Short Answer Essay (1 question, up to 400 words)

Assessment Type Summative Weighting 30
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Short Answer Essays (3 questions, up to 400 words)

Assessment Type Summative Weighting 70
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ConceptualUnderstandDemonstrate an understanding of how health care differs from other commodities and implications of these differences for the organisation and delivery of health care
ConceptualApplyDemonstrate an understanding of and be able to apply certain economic concepts
ConceptualEvaluateShow an understanding of the strengths and weaknesses of these economic concepts when used to analyse health care decision-making

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