HSH717 - Health Economics 1

Year:

2022 unit information

Enrolment modes: Trimester 1: Burwood (Melbourne), Cloud (online)
Trimester 3: Burwood (Melbourne), Cloud (online)
Credit point(s): 1
EFTSL value: 0.125
Prerequisite:

Nil

Corequisite:

Nil

Incompatible with:

Nil

Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus

Combination of independent and interactive scheduled on-campus activities equivalent to two hours per week, including 10-11 scheduled seminars.

Scheduled learning activities - cloud (online)

Combination of independent and interactive scheduled online activities equivalent to two hours per week, including 10-11 scheduled seminars or moderated discussion group.

Content

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.

  1. Dimensions of Health Economics: The scope of health economics; why is health economics relevant; objectives in health care; choice in health care; basic concepts and definitions.
  2. Microeconomic Tools for Health Economics Part 1 - The Competitive Market: concepts behind the demand curve; concepts behind the supply curve; markets and efficiency; conditions for competitive markets.
  3. Microeconomic Tools for Health Economics Part 2 - Market Failure: the role of government and preventing government failure; common market failures in health care; health care insurance markets.
  4. 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.

Unit Fee Information

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