PUB HLTH 2581OUA - Health Economics

OUA - Trimester 3 - 2022

Health economics is the study of how scarce healthcare resources are allocated among competing interventions and among groups in society. This course introduces basic concepts and practical issues faced by decision makers at all levels in the health system in allocating scarce resources so that the choices they make maximise health benefits to the population. This course has four main learning modules each comprising a set of lectures and problem-solving practicals: (1) An introduction to key concepts of health economics (e.g. opportunity costs), the demand for and supply of health services, fundamentals of markets and the price mechanism with a focus on the healthcare market; (2) An introduction to economic evaluation in healthcare, with an emphasis on identifying, measuring, valuing and analysing health outcomes and costs. (3) This module focuses on presentation and interpretation of the results of economic evaluation and the use of economic evaluation to inform funding decisions (4) An overview of the organisation of health care (provision and funding). The organisation and finance of the Australian health system will be specifically analysed and compared internationally.

  • General Course Information
    Course Details
    Course Code PUB HLTH 2581OUA
    Course Health Economics
    Coordinating Unit Public Health
    Term Trimester 3
    Level Undergraduate
    Location/s OUA
    Units 3
    Contact Up to 3 hours
    Available for Study Abroad and Exchange N
    Restrictions Available only to University of Adelaide Open Universities Australia students
    Course Description Health economics is the study of how scarce healthcare resources are allocated among competing interventions and among groups in society. This course introduces basic concepts and practical issues faced by decision makers at all levels in the health system in allocating scarce resources so that the choices they make maximise health benefits to the population. This course has four main learning modules each comprising a set of lectures and problem-solving practicals: (1) An introduction to key concepts of health economics (e.g. opportunity costs), the demand for and supply of health services, fundamentals of markets and the price mechanism with a focus on the healthcare market; (2) An introduction to economic evaluation in healthcare, with an emphasis on identifying, measuring, valuing and analysing health outcomes and costs. (3) This module focuses on presentation and interpretation of the results of economic evaluation and the use of economic evaluation to inform funding decisions (4) An overview of the organisation of health care (provision and funding). The organisation and finance of the Australian health system will be specifically analysed and compared internationally.
    Course Staff

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    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes

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    University Graduate Attributes

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  • Learning & Teaching Activities
    Learning & Teaching Modes

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    Workload

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    Learning Activities Summary

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  • Assessment

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    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

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    Assessment Detail

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    Submission

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    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

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