• Offered by Research School of Economics
  • ANU College ANU College of Business and Economics
  • Course subject Economics
  • Areas of interest Economics

This course aims at introducing economic tools for understanding and analysing the health care sector. Topics that we will investigate in depth include: 

1.    Distinctive economic characteristics of the commodity ' health care'; 

2.    Grossman's model of health capital

3.    Health and health care production functions 

4.    Adverse selection and the Rothschild-Stiglitz model 

5.    Moral hazard in the healthcare sector 

6.    Cost-effectiveness analysis

7.    Cost-benefit analysis

 

We will apply the economics tools to study some of the key players of the healthcare sector, including: Hospitals, Physicians, Health Insurance Companies, and Pharmaceutical Companies. 

 

We will study how government policies help shape the healthcare sector. We will also learn economic methods for evaluating the effects of health care policies.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

  1. define the determinants of the demand for health care, demand for health insurance and the supply of health, as well as health and health care production functions;
  2. demonstrate an understanding of the size and scope, and the key players of the health sector;
  3. be able to use microeconomic analysis to evaluate health economics issues;
  4. summarize a selection of the academic literature on health economics.

Indicative Assessment

  1. Assessment will consist of a Final Exam, mid-semester exam(s), quizzes, assignments or some combination thereof. See the Class Summary for details. (100) [LO 1,2,3,4]

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Workload

130 hours in total over the semester consisting of lectures, tutorials and private study time.

Inherent Requirements

Not applicable

Requisite and Incompatibility

To enrol in this course you must have completed or concurrent enrolment in ECON2101.

Prescribed Texts

See Class Summary

Fees

Tuition fees are for the academic year indicated at the top of the page.  

Commonwealth Support (CSP) Students
If you have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). More information about your student contribution amount for each course at Fees

Student Contribution Band:
34
Unit value:
6 units

If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.

Where there is a unit range displayed for this course, not all unit options below may be available.

Units EFTSL
6.00 0.12500
Domestic fee paying students
Year Fee
2022 $4440
International fee paying students
Year Fee
2022 $5700
Note: Please note that fee information is for current year only.

Offerings, Dates and Class Summary Links

The list of offerings for future years is indicative only.
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.

Second Semester

Class number Class start date Last day to enrol Census date Class end date Mode Of Delivery Class Summary
6423 25 Jul 2022 01 Aug 2022 31 Aug 2022 28 Oct 2022 In Person N/A

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