- Class Number 6423
- Term Code 3260
- Class Info
- Unit Value 6 units
- Mode of Delivery In Person
- AsPr Yijuan Chen
- AsPr Yijuan Chen
- Class Dates
- Class Start Date 25/07/2022
- Class End Date 28/10/2022
- Census Date 31/08/2022
- Last Date to Enrol 01/08/2022
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.
Classical as well as frontier research topics, methodologies, and outcomes in health economics will be introduced along the way. Students will be able to see how results from the models can be applied to analyse real world questions, and what questions remain to answer. The lecturer will present his own research in health economics, and also discuss with students their questions and thoughts that arise from their experience, observation, and study of this course.
“Health Economics”, by Bhattacharya, Hyde, and Tu, Published by Palgrave Macmillan. A request has been put to the ANU Library to have the Ebook available and also to have the book on hold at the Chiefly library. The EBook is also available for purchase at the publisher's website.
Staff FeedbackStudents will be given feedback in the following forms in this course:
- Written comments
- Verbal comments
- Feedback to the whole class, to groups, to individuals, focus groups
Student FeedbackANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.
|Week/Session||Summary of Activities||Assessment|
|1||Ch1. Introduction of Health Economics Ch2. Demand for health care|
|2||Ch3. Demand for health: The Grossman model|
|3||Ch5. The labour market for physicians|
|4||Ch6. The hospital industry|
|5||Ch7. Demand for insurance||Wattle online quiz|
|6||Ch8. Adverse selection: Akerlof’s lemons model|
|7||Ch9. Adverse selection: the Rothschild-Stiglitz model||Mid Semester Exam|
|8||Ch11. Moral hazard|
|9||Ch12. Pharmaceuticals and the economics of innovation|
|10||Ch14. Health technology assessment: Cost-effectiveness analysis|
|11||Ch14. Health technology assessment: Cost-benefit analysis Healthcare systems around the world and Healthcare reforms|
|12||Healthcare systems around the world and Healthcare reforms|
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage: https://www.anu.edu.au/students/program-administration/timetabling
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Mid-semester Exam||30 %||*||*||1,2,3,4|
|Final Exam||65 %||*||*||1,2,3,4|
|Wattle online quiz||5 %||25/08/2022||02/09/2022||1,2,3,4|
* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details
PoliciesANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:
Assessment RequirementsThe ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.
Moderation of AssessmentMarks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.
PARTICIPATION: For this course in Semester 2 2022, all the lectures will be delivered through pre-recorded videos. The tutorials will be delivered in two ways (i) on campus through Face-to-Face teaching, and (ii) via a live zoom tutorial, which is only for students who cannot attend on-campus classes due to Covid-related travel restrictions. All the students that can attend on-campus classes should attend the on-campus tutorials. Details on the delivery of this course and expectations of student participation will be outlined in further detail on the Wattle course site in O-week.
See Assessment Tasks above.
Assessment Task 1
Learning Outcomes: 1,2,3,4
The exam will be held in Week 7 on Wattle in the format of Wattle Quiz. The exam will be 2 hours long. It will be made up of Multiple Choice Questions and Short Answer Questions. For the Short Answer Questions, students can either answer directly using the text-editing tools provided in the exam or upload scanned images of their answers. Further information will be announced in lecture by Week 4.
Assessment Task 2
Learning Outcomes: 1,2,3,4
The final exam will be held on Wattle in the format of Wattle Quiz in the final exam period. The exam will be 2.5 hours long. It will be made up of Multiple Choice Questions and Short Answer Questions. For the Short Answer Questions, students can either answer directly using the text-editing tools provided in the exam or upload scanned images of their answers. More details such as the coverage will be provided in lecture no later than week 9.
Assessment Task 3
Learning Outcomes: 1,2,3,4
Wattle online quiz
A quiz in the form of multiple choice questions will given through Wattle on Thursday 25 Aug (Week 5). The quiz will cover course materials taught from Week 1 to Week 3. There will be 3 questions and it will take 20 minutes. Students can view their marks right after the quiz is closed (i.e. prior to Week 6) .The final timing of the quiz will be announced on Wattle in Week 3.
Academic IntegrityAcademic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.
Online SubmissionThe ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Hardcopy SubmissionFor some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.
Late SubmissionNo submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date, a mark of 0 will be awarded. OR Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.
Referencing RequirementsAccepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.
Extensions and PenaltiesExtensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.
Distribution of grades policyAcademic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.
Support for studentsThe University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
- ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
- ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
- ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
- ANUSA supports and represents undergraduate and ANU College students
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AsPr Yijuan Chen