Health Economics

Course code PUBH6250Units 10Level 6000Faculty of Health and MedicineSchool of Medicine and Public Health

Economics considers how best to use our limited resources to satisfy our unlimited wants and needs. Health economics is the application of economics to health and health care. After an introduction to economics, the course covers key issues in health economics, including:
- Who should pay for health care?
- Does free or subsidised health care increase our demand for health care?
- Public versus private health insurance.
- The incentives associated with the different methods of paying doctors and hospitals.
- The conflicting objectives of government in the market for pharmaceuticals (to ensure access to affordable, safe and effective medicines; and to encourage research and development and employment in the pharmaceutical sector).
- Reform to the organisation and financing of health care to improve equity, quality and efficiency in health care.
- Recent reforms to health care in Australia and other countries.

Available in 2015

WebLearn GradSchoolSemester 1
Previously offered in 2014
ObjectivesOn completion of this course students will
- be familiar with key economic concepts and understand their relevance to health care
- understand why governments intervene in the health care sector to provide access to safe, effective and affordable health care.
- understand the importance of insurance in health.
- be able to assess the impact of different financial incentives for consumers, doctors, hospitals and other participants in the health care sector.
- be able to evaluate changes to health care policies and health care reforms, such as the introduction of direct-to-consumer advertising of prescription-only medicines to consumers.
- have practical knowledge of key issues in health economics, based on examples from the Australian and other health care systems.
ContentTopics are covered in six modules:
- Module 1 An Introduction to Economic Theory and Economic Thinking
- Module 2 Public Health & Equity
- Module 3 Health Care Systems: Organisation and Financing
- Module 4 Health Care Inputs: Doctors and Pharmaceuticals
- Module 5 The Economics of Hospital Care
- Module 6 Health Care Reform
Replacing Course(s)n/a
Industrial Experience0
Assumed KnowledgeNo prior training in economics is required.
Modes of DeliveryDistance Learning : IT Based
Distance Learning : Paper Based
External Mode
Teaching MethodsEmail Discussion Group
Self Directed Learning
Assessment Items
Essays / Written AssignmentsTwo Marked Assignments and a Final Project. MA1 worth 20%, MA2 worth 30% and the Final Project worth 50%
Contact HoursSelf Directed Learning: for 6 hour(s) per Week for Full Term
Email Discussion Group: for 1 hour(s) per Week for Full Term
Compulsory Components
Requisite by EnrolmentThis course is only available to students who are enrolled in the programs listed below:
Master of Applied Management Health (11287)
Graduate Certificate in Clinical Epidemiology (11684)
Graduate Diploma in Epidemiology (10965)
Master of Clinical Epidemiology (11685)
Timetables2015 Course Timetables for PUBH6250