ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title HEALTH ECONOMICS
Code ECON326
Coordinator Dr S Garikipati
Economics
S.Garikipati@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2021-22 Level 6 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours   12

      12

24

48
Timetable (if known)   60 mins X 1 totaling 12
 
      60 mins X 1 totaling 12
 
 
Private Study 102
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Assessment 1: Mid-Term Assessment Type: Coursework Size: 24 hour (expected completion time 1 hour) Weighting: 20% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Pena  24 hours    20       
Assessment 2: Exam Assessment Type: Exam Size: 72 hours (expected completion time 2 hours) Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Penalty Appl  72 hours    80       
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             

Aims

The aim of this module is to introduce third year economics students to the basic principles and tools of health economics. The module aims to show how the health care system differs from the economic textbook model of perfectly competitive markets. It will offer an overview of the issues of demand and supply for health care, supplier-induced demand, equity and inequality, health care financing and health insurance. It will emphasize the use of economic evaluation for assessing health care interventions as a way of making informed decisions in terms of costs and benefits.


Learning Outcomes

(LO1) Students will be able to recognize the main characteristics and important questions addressed in the health care market

(LO2) Students will be able to understand the main characteristics and differences of the type of studies used in economic evaluation

(LO3) Students will be able to examine economic evaluation papers and be able to identify and assess the main strengths and weaknesses of published studies

(LO4) Students will be able to understand the theoretical foundations of health economics

(LO5) Students will be able to understand the role of health economics in Health Technology Assessment

(LO6) Students will be able to assess the value of health economics in informing resource allocation decisions in both advanced and resource poor settings

(S1) Adaptability

(S2) Problem-solving skills

(S3) Commercial awareness

(S4) Teamwork

(S5) IT skills

(S6) International awareness

(S7) Lifelong learning skills

(S8) Ethical awareness


Teaching and Learning Strategies

Teaching Delivery: Mixed, hybrid delivery with social distancing on campus

Teaching Method 1 – Online Asynchronous Learning Materials
Unscheduled Directed Student Hours: 24
Attendance Recorded: No

Teaching Method 2 - Seminar
Attendance Recorded: Yes
Scheduled Directed Student Hours: 12

Teaching Method: Group Study
Description: Weekly 1 hour session to foster student community and engagement by working with others on their ‘active learning’ activities
Scheduled Student Hours: 12
Attendance Recorded: No

Self-Directed Learning Hours: 102

Skill/Other Attribute 1:
"Ethical awareness"
How this is developed:
"During lectures and seminars. "

Skill/Other Attribute 2:
"Lifelong learning skills"
How this is developed:
"During lectures and seminars. "

Skill/Other Attribute 3:
"International awareness"
How this is developed:
"During lectures and seminars. "

Skill/Other Attribute 4:
"IT skills"
How this is developed:
"When conducting research and in a seminar on modelling. "

Skill/Other Attribute 5:
"Teamwork"
How this is developed:
"During lectures and seminars. "

Skill/Other Attribute 6:
"Commercial awareness"
How this is developed:
"During lectures and seminars. "

Skill/Other Attribute 7:
"Problem-solving skills"
How this is developed:
"During lectures and seminars. "

Skill/Other Attribute 8:
"Adaptability"
How this is developed:
"During lectures and seminars. "


Syllabus

 

To develop an understanding of the health care market;

Insight into specific questions addressed in health care;

Command of economic evaluation techniques;

Overview of modelling in health care;

Critical appraisal of economic evaluation papers;

Applications of health economics in resource poor countries;

The role of health economics in informing Health Technology Assessment;

Economic evaluation in theory and practice.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.