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 J Lonsky Economics Jakub.Lonsky@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2023-24 | 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 |
6 |
24 |
30 | ||||
Timetable (if known) | |||||||
Private Study | 120 | ||||||
TOTAL HOURS | 150 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 2: Unseen Exam Assessment Type: Exam Size: 2 hours Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Penalty Applies Anonymous Assessment: Ye | 2 | 80 | ||||
Assessment 1: Mid-Term Assessment Type: Coursework Size: 75 minutes Weighting: 20% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Penalty Applies Anonymous Assessme | 75 | 20 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Aims |
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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 |
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(LO1) Students will be able to recognize the main characteristics and important questions addressed in the health care market |
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(LO2) Students will be able to understand the main characteristics and differences of the type of studies used in economic evaluation |
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(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 |
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(LO4) Students will be able to understand the theoretical foundations of health economics |
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(LO5) Students will be able to understand the role of health economics in Health Technology Assessment |
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(LO6) Students will be able to assess the value of health economics in informing resource allocation decisions in both advanced and resource poor settings |
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(S1) Adaptability |
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(S2) Problem-solving skills |
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(S3) Commercial awareness |
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(S4) Teamwork |
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(S5) IT skills |
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(S6) International awareness |
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(S7) Lifelong learning skills |
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(S8) Ethical awareness |
Teaching and Learning Strategies |
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Teaching Method: Lecture Teaching Method - Seminar Self-Directed Learning Hours: 120 Skills and Attribute Mapping Skill/Other Attribute 1: Ethical awareness Skill/Other Attribute 2: Lifelong learning skills Skill/Other Attribute 3: International awareness Skill/Other Attribute 4: IT skills Skill/Other Attribute 5: Teamwork Skill/Other Attribute 6: Commercial awareness Skill/Other Attribute 7: Problem-solving skills Skill/Other Attribute 8: Adaptability |
Syllabus |
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To develop an understanding of the health care market; Command of economic evaluation techniques; Critical appraisal of economic evaluation papers; Economic evaluation in theory and practice. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |