HSH717 - Health Economics 1
|Year||2018 unit information|
|Enrolment modes:||Trimester 1: Burwood (Melbourne), Cloud (online)|
Campus: 2 hours per week
Cloud (online): 1 hour weekly class (recordings provided) and 1 hour weekly seminar exercise posted to a moderated online discussion group
The unit introduces students to the discipline of health economics and assumes no prior knowledge. The unit will cover the following topics, with a particular focus on current policy developments.
- Dimensions of Health Economics: The scope of health economics; why is health economics relevant; objectives in health care – choice between different values; basic concepts and definitions.
- Microeconomic Tools for Health Economics: Concepts behind the demand curve; concepts behind the supply curve; markets and economic rationalism, market failure, the role of government and preventing government failure.
- The Australian Health Care System from an Economic Perspective: Structure and funding; role of providers, consumers and funders; viewpoints on the Australian health care system; international comparisons.
- Health Economics and Public Policy: Health expenditure control; health insurance; reforming Medicare – from tinkering to managed competition; efficiency in health provider payment mechanisms; efficiency in sub-sectors of the health care system (such as primary care and hospitals).
Assessment task 1: In-trimester exercises (including seminar participation) 20%
Assessment task 2: Essay (2000 words) 40%
Assessment task 3: Examination (2 hours) 40%
Unit Fee Information
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