Health economics

In this module you will learn how theoretical and empirical microeconomics can be applied to health and healthcare to provide useful insights for health policy. In each topic, you will be introduced to the relevant theory, and empirical research, and consider the implications for policy.

You will cover:  

• introduction to health economics
• demand for health and healthcare
• supply of healthcare: estimating production and cost functions
• markets for healthcare
• market failure and the role of government
• regulation in healthcare: healthcare systems
• regulation in healthcare: pharmaceutical pricing and reimbursement
• economic evaluation: introduction
• economic evaluation: monetary measures of health improvements
• economic evaluation: valuing quality of life.