HEALTH ECONOMICS|HEALTH POLICY MEASURING|HEALTH STATUS RESOURCE MANAGEMENT

This module will introduce you to the rationale, principles, and methods for economic evaluation in health care. It focuses on the main practical and...

Economic Evaluation in Health Care (GLBH0022)

ECONOMICS|HEALTH|HEALTH ECONOMICS|HEALTH POLICY|MEASURING HEALTH STATUS|RESOURCE MANAGEMENT

Key Principles of Health Economics introduces you to key concepts in health economics using the foundations of economic theory and then applying that theory to...

Key Principles of Health Economics (GLBH0010)

Key Principles of Health Economics introduces you to key concepts in health economics using the foundations of economic theory and then applying that theory to health and health markets. The module will enable you to understand how demand and supply interact, how markets work and why they fail and to identify the main methods of health financing and issues around equity and efficiency in health care. You will also learn how best to engage with economic evaluation studies (cost effectiveness analyses).

After taking this module you should be able to:

Understand qualitatively how demand and supply interact.
	Explain how markets work and why they fail.
	Summarise the main links between economic growth, income distribution, health and health inequalities.
	Define and understand the key concepts related to health equity, its measurement and policies to address it.
	Understanding the alternatives for funding health care and their advantages and disadvantages.
	Understanding common provider payment systems, their advantages and disadvantages, and cost-sharing mechanisms.
	Critically engage with the principles of economic evaluation in health care, understanding the common methods and how to interpret their findings.
You will have a combination of didactic teaching, interactive tutorials, computer workshops and independent reading.

The module is compulsory for students on the MA Philosophy, Politics and Economics of Health. The module is also open to IGH MSc/PGDip students, any UCL MSc/PG Dip students.

Selected reading list:


	McPake, B., Normand, C., Smith, S., and Nolan, A. (2013) (3rd Edition). Health Economics: An International Perspective. Taylor & Francis Group
	
	
	Guinness, L., Wiseman, V. (2011). Introduction to Heath Economics. Second Edition. Open University Press
	
	
	Abel Olsen J., (2017) (2nd Edition). Principles in Health Economics and Policy. Oxford University Press.