Level of study Third/Final year
Credit value 10
Pre-requisite modules None
Other pre-requisites None
This module is designed to provide an introduction to the various key concepts within health economics, specifically with respect to health care systems and to individual behaviour within such systems. The module is split into two parts. Part one covers the principles and theories of health economics. Part two covers economic evaluation.
The specific objectives of the module are: to provide information on the relevant economic theories that are applicable to health economics; to examine the determinants of health care; to understand why market failure makes it necessary for Governments to regulate health care; to demonstrate how economic analysis can inform decisions on health policy; to analyse why economic evaluation is needed, to present various methods of economic evaluation and to demonstrate decision-analytical modelling; explore the practical issues involved when conducting an economic evaluation.