Programme And Module Handbook
Course Details in 2021/22 Session

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Module Title LH Health Economics
SchoolBirmingham Business School
Department Economics
Module Code 07 33158
Module Lead Philip Kinghorn / Livia Menezes
Level Honours Level
Credits 20
Semester Semester 2
Restrictions None
Contact Hours Lecture-40 hours
Seminar-8 hours
Guided independent study-152 hours
Total: 200 hours
Description This module provides an introduction to the theories and practice of health economics. The first part of the module considers how aspects of market failure influence the characteristics of healthcare systems, and the behaviour of individuals and organisations within such systems. Topics may include: the demand for health and healthcare, externalities, healthcare insurance and other finance mechanisms, incentives for doctors and hospitals, and National Health Service (NHS) policy evolution.

The second part of the module focuses on economic evaluation and decision-making relating to resource prioritisation in the NHS. Economic evaluation is covered in terms of welfarism and extra-welfarism theories, and how these are applied in the methods for conducting cost-benefit analysis and cost-utility analysis, respectively.

The third part of the module focuses on empirical research in health economics. It investigates topics such as the determinants of obesity, mental health problems, health-compromising behaviours, and cardio-vascular disease. Cross-country analyses will be carried out on the different health systems, and contemporary issues, such as whether health care is a luxury good, will be examined.
Learning Outcomes By the end of the module students should be able to:
  • demonstrate knowledge of economic theory underpinning health economics;
  • compare economic evaluation methods used in healthcare settings;
  • apply health economics to a variety of issues relating to health and healthcare;
  • demonstrate knowledge of the econometric techniques typically used in health economics
Assessment 33158-01 : Class Test : Class Test (25%)
33158-02 : Coursework : Coursework (25%)
33158-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions Assessment:
1-hour test (25%);
1000-word essay (25%);
2-hour written unseen examination (50%).

Reassessment: N/A
Reading List