HSH717 - Health Economics 1
Unit details
| Year: | 2022 unit information |
|---|---|
| Important Update: | Unit delivery will be in line with the most current COVIDSafe health guidelines. We continue to tailor learning experiences for each unit to achieve the best possible mix of online and on-campus activities that successfully blend our approaches to learning, working and research. Please check your unit sites for announcements and updates. Last updated: 4 March 2022 |
| Enrolment modes: | Trimester 1: Burwood (Melbourne), Online Trimester 3: Burwood (Melbourne), Online |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Unit Chair: | Trimester 1: Lisa Gold |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | Nil |
| Typical study commitment: | Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| Scheduled learning activities - campus: | Combination of independent and interactive scheduled on-campus activities equivalent to two hours per week, including 10-11 scheduled seminars. |
| Scheduled learning activities - cloud: | Combination of independent and interactive scheduled online activities equivalent to two hours per week, including 10-11 scheduled seminars or moderated discussion group. |
Content
The unit introduces students to the discipline of health economics and assumes no prior knowledge. The unit will cover the following topics, with a particular focus on current policy developments.
- Dimensions of Health Economics: The scope of health economics; why is health economics relevant; objectives in health care; choice in health care; basic concepts and definitions.
- Microeconomic Tools for Health Economics Part 1 - The Competitive Market: concepts behind the demand curve; concepts behind the supply curve; markets and efficiency; conditions for competitive markets.
- Microeconomic Tools for Health Economics Part 2 - Market Failure: the role of government and preventing government failure; common market failures in health care; health care insurance markets.
- The Australian Health Care System from an Economic Perspective: Structure and funding; role of providers, consumers and funders; viewpoints on the Australian health care system; international comparisons.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Define and explain basic economic concepts, especially efficiency, opportunity cost, utility and marginal costs and benefits | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Compare and contrast health care markets and markets for other goods and services | GLO1: Discipline-specific knowledge and capabilities |
| ULO3 | Explain the unique characteristics of healthcare which make the application of standard economic theory challenging | GLO1: Discipline-specific knowledge and capabilities |
| ULO4 | Analyse the implications of different approaches to paying for (funding) and providing health services. | GLO4: Critical thinking |
| ULO5 | Discuss the role of government in healthcare from an economic perspective | GLO1: Discipline-specific knowledge and capabilities |
| ULO6 | Evaluate important healthcare challenges and debates from an economic perspective | GLO2: Communication |
These Unit Learning Outcomes are applicable for all teaching periods throughout the year
Assessment
Trimester 1:| Assessment description | Student output | Grading and weighting (% total mark for unit) | Indicative due week |
|---|---|---|---|
| Assessment 1: In-trimester exercises (including seminar participation) | Weekly exercises | 20% |
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| Assessment 2: Essay | 2000 words | 40% |
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| Assessment 3: Examination | 2 hours | 40% |
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The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library via the link below: HSH717 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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