Health Economics and Financing

Module Code: MN7438

This module will equip you to navigate the economics and financing of healthcare by considering how healthcare resources are allocated and how decisions are made about the costs and benefits of healthcare. By taking this module, you’ll be able to explain the key concepts of economic theory and their application to healthcare.

You will consider different models that can be applied to the evaluation of healthcare intervention and you will critically appraise different approaches that can be taken to the allocation of healthcare resources. You will develop an understanding of economic evaluations and priority setting techniques, and learn about different methods used to measure and value the costs and benefits of healthcare. You will understand how this knowledge can be applied to decision making and planning process in healthcare management.

Topics covered:

• Understanding costs in healthcare organisations
• Pricing decisions in healthcare
• Budgeting techniques in healthcare
• Microeconomic tools for health economics
• Statistical tools for health economics
• technology in healthcare provision
• Cost-benefit analysis for healthcare managers
• Health insurance market and asymmetric information
• Healthcare labour market
• Comparative healthcare systems