- Code ECON3004
- Unit Value 6 units
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.
Upon successful completion, students will have the knowledge and skills to:
- 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;
- demonstrate an understanding of the size and scope, and the key players of the health sector;
- be able to use microeconomic analysis to evaluate health economics issues;
- summarize a selection of the academic literature on health economics.
- 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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130 hours in total over the semester consisting of lectures, tutorials and private study time.
Requisite and Incompatibility
See Class Summary
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.
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- 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.
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|Class number||Class start date||Last day to enrol||Census date||Class end date||Mode Of Delivery||Class Summary|
|6277||24 Jul 2023||31 Jul 2023||31 Aug 2023||27 Oct 2023||In Person||N/A|