Course Code & Number
ECON 481
Course Title
Health Economics
Credit Hours/ ECTS Credits
(3+0+0) 3 TEDU Credits, 6 ECTS Credits
Mode of Delivery:
Face-to-face
Language of Instruction:
English
Pre-requisite / Co-requisite::
Pre-requisites: NONE
Co-requisites: NONE
Catalog Description
Theory and practice of health economics. Application of economic tools to analyze health and medical care issues. The special features of healthcare as a commodity. Demand for health and medical care services. Economic basis for the behavior of medical care physicians and hospitals. Functioning of insurance markets.
Course Objectives
This course provides a broad overview of the field of health economics and examines how standard concepts and methods in economics can be used to understand incentives and decision making in health-related transactions. This course aims to develop an understanding of the relevance of economic concepts to the health care sector; to describe the system of health care financing and delivery arrangements in the health care sector, and to impart an understanding of the role of economic factors in the development of public policy concerning health and health care.
Software Usage
Students will use MS Office applications (Word, Excel, and PowerPoint) and a
Statistical Software to work on their assignments/case study/research review,
presentations and written projects.
Course Learning Outcomes
After a successful finishing of the course, the student should be able to
1) Use economic analysis to evaluate health economics issues.
2) Explain the size and scope of the health care sector.
3) Explain consumers’ optimal decision making and apply it in demand for health and
health care.
4) Demonstrate an understanding of the role of government in delivering and funding
healthcare.
5) Distinguish between the different forms of economic evaluation and show an
understanding of the advantages and disadvantages of the various approaches.
6) Critically review published economic evaluations of health technologies,
mathematical, statistical and graphical techniques in an appropriate manner and
analyze and solve complex problems accurately.
7) Demonstrate the ability to apply econometric/statistical principles by writing a
quality paper and giving oral presentations of the findings of the paper as an
individual and as a group member.
Learning Activities and Teaching Methods:
Telling/Explaining
Discussion/Debate
Questioning
Reading
Demonstrating
Problem Solving
Case Study/Scenarion Analysis
Video Presentations
Oral Presentations/Reports
Guest Speakers
Web Searching
Assessment Methods and Criteria:
Test / Exam
Quiz
Case Studies / Homework
Presentation (Oral/Poster)
Assessment Methods and Criteria Others:
Recommended Reading
1. Santerre. R. E. and S. P. Nuen, Health Economics: Theories, Insights, and Industry Studies. 5th Edition, South-Western College Pub., Cincinnati, 2009.
Required Reading
1. Folland. S., A. C. Goodman. and M. Stano, The Economics of Health and Health Care. 6th Edition, Pearson Prentice Hall: Upper Saddle River, New Jersey, 2009.
Learning Activities and Teaching Methods Others:
Course Coordinator:
Tekin Köse
Student Workload:
| Workload |
Hrs |
| Course Readings |
36 |
| Exams/Quizzes |
36 |
| Report on a Topic |
15 |
| Case Study Analysis |
12 |
| Oral Presentation |
15 |
Course & Program Learning Outcome Matching:
