Health Economics - HEA00156M
Module summary
Module will run
Occurrence | Teaching period |
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A | Semester 2 2025-26 |
Module aims
An introduction to health economics. Taught assuming no prior knowledge of economics the course introduces the basic economic theory needed to understand how the basic economic problems mean that economic evaluation of health care programmes is vital to ensure an equitable and efficient health care system.
The course looks at different types of economic evaluation, decision modelling and how health economics can be applied to aid decision making. International health economic and the challenges faced in allocating resources in lower- and middle-income countries are also analysed.
Module learning outcomes
By the end of the module, students will be able to:
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Apply economic concepts to the understanding of decision-making in the provision of healthcare
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Discuss how economic evaluation can assist decision-makers in allocating health care budgets
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Apply the principles of cost-effectiveness analysis (CEA), cost-utility analysis (CUA) and cost benefit analysis (CBA)
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Articulate how costs and outcomes can be measured and valued in health economics
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Debate the role of decision modelling in health economics
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Articulate how economic evidence is used to inform decision making
Module content
- Introduction to Health Economics
- Market Failure in Health Care
- Economic Evaluation
- Measuring Costs
- Measuring Outcomes
- Sources of Health Economic Data
- Decision modelling for Economic Evaluation
Indicative assessment
Task | % of module mark |
---|---|
Online Exam -less than 24hrs (Centrally scheduled) | 100 |
Special assessment rules
None
Indicative reassessment
Task | % of module mark |
---|---|
Online Exam -less than 24hrs (Centrally scheduled) | 100 |
Module feedback
Written cohort feedback for the assessment is provided on the standard proforma, within the timescale specified in the programme handbook.
Indicative reading
Economics. Begg, David K. H.Vernasca, Gianluigi; Fischer, Stanley; Dornbusch, RudigerTwelfth edition /London :McGraw-Hill [2020]
Decision modelling for health economic evaluation. Briggs, AndrewClaxton, Karl; Sculpher, Mark J.Oxford :Oxford University Press 2006.
The Economics of Health and Health Care. Folland, Sherman ; Goodman, Allen C ; Stano, Miron Routledge 2017
Economics [electronic resource] Parkin, Michael, Powell, Melanie; Matthews, Kent 9th European ed. Harlow : Pearson 2014.
Economics. Sloman, John,Guest, Jon,; Garratt, Dean,Tenth edition /Upper Saddle River :Pearson2018. [online resource]