The aims of this module are to provide students with an overview about the use of economic analysis in major aspects of health insurance and health care. The module examines the supply, demand, and constraints associated with health care provision. The module also considers different approaches to economic evaluation of health care and the measurement and valuation of health.
Principal Learning Outcomes
Students should develop the ability to apply core economic concepts to health and health care. Students will also be able to evaluate different approaches to the production, funding, and distribution of health care using health economics and econometrics techniques. Students will gain a clear understanding about the importance of health and health care for the successful functioning of the economy
The module will typically cover the following topics:
1. Introduction to health economics. 2. The demand for health insurance. 3. Asymmetric information and market failures in the health insurance market. 4. The demand and supply of health services. 5. The design of optimal incentive schemes in health care. 6. Inefficiency and regulation in the health care market. 7. Economic evaluation of health care: measuring the benefits of health care. 8. Economic evaluation of health care: methods and applications. 9. Summary.
- Pre or Co-requisites
- Assessment Method
- Coursework (30%) + 2 hour exam (70%)
- Coursework Details
- Two problem sets (worth 15% each)
- Exam Timing
Time Allowed: 2 Hours
Answer TWO questions ONLY. All questions are of equal weight.
Approved pocket calculators are allowed.
Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book. If you answer more questions than are required and do not indicate which answers should be ignored, we will mark the requisite number of answers in the order in which they appear in the answer book(s): answers beyond that number will not be considered.
Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.