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PU5032: HEALTH ECONOMICS (2020-2021)

Last modified: 05 Aug 2021 13:04


Course Overview

Resources available for the provision and payment for health care are limited. However, knowledge of economics helps ensure that available resources are used in the most effective way possible. 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.

In this course students will acquire a knowledge and understanding of:

  • Key themes of economic theory applied to health care
  • Some of the main techniques of health care evaluation
  • Main arguments concerning alternative systems for organising and financing health care

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Patricia Norwood

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

  • Any Postgraduate Programme

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

Are there a limited number of places available?

No

Course Description

This course provides an introduction to the application of economics to health care.  It does not assume any prior knowledge of economics.

The material for this course is divided in five units. The course starts with an introduction to health economics, in which the key concepts of demand and supply are applied to health care (Unit 1). It continues with the analysis of the main alternative systems for organising and financing health care as well as discussion on resource allocation and priority setting in health care (Unit 2 – Health systems, Priority Settings and Resource Allocation). Units 3 and 4 explore the economic evaluation of health care technologies: basic concepts, the measurement of cost and benefits, decision modelling and the critical appraisal of economic evaluation studies. The final unit considers the main policy interventions in population health behaviours – smoking, alcohol, poor diet, physical activity – and the role of behavioural economics to inform policy decisions.

Teaching and learning for this course will involve a combination of staged release online PowerPoint presentations, self-study (with written commentaries), practical exercises, use of discussion boards, and staged assignments. As a general guide, you can expect to spend approximately 150 hours total on online learning, including around 50 hours of directed learning, 40 hours in preparation for assessments, and a further minimum 40 hours in independent study.

 


Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

Exam

Assessment Type Summative Weighting 60
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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Essay

Assessment Type Summative Weighting 40
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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Formative Assessment

There are no assessments for this course.

Resit Assessments

Exam

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

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Learning Outcomes
Knowledge LevelThinking SkillOutcome
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Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ConceptualUnderstandDescribe the key theories underpinning health economics
ConceptualUnderstandExplain the different ways in which health care can be financed and delivered
ReflectionAnalyseRecognise the contribution of economics to health and health care and how it can assist decision making
ReflectionEvaluateDemonstrate what economic evaluation is and its underlying principles
ReflectionEvaluateCritically appraise published economic evaluations

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