Last modified: 12 Sep 2024 12:16
Economics is concerned with how individuals and organisations use scarce resources. In this course, you will develop your understanding of economics and begin to apply it to health care. Knowledge of health economics helps us to understand how decisions are made regarding the use of scarce health care resource. It provides us with the tools and frameworks to ensure that available resources are used in the more effective way possible. Health economics allows more informed decision-making about a variety of issues: choosing between alternative treatments; setting priorities between patients; choosing between alternative new technologies; organising the provision of health care.
| Study Type | Postgraduate | Level | 5 |
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| Term | First Term | Credit Points | 15 credits (7.5 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
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This course begins by introducing you to Economics as a discipline. It explains economic concepts such as demand, supply, utility, opportunity cost, marginal analysis, and efficiency. Consideration is then given to health care and how it differs to many other goods and services. Students will learn how these differences often lead governments to intervene in the provision and financing of health care.
| Assessment Type | Summative | Weighting | 30 | |
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| Assessment Weeks | Feedback Weeks | |||
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| Knowledge Level | Thinking Skill | Outcome |
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| Assessment Type | Summative | Weighting | 70 | |
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| Assessment Weeks | Feedback Weeks | |||
| Feedback | ||||
| Knowledge Level | Thinking Skill | Outcome |
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There are no assessments for this course.
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Conceptual | Understand | Demonstrate an understanding of how health care differs from other commodities and implications of these differences for the organisation and delivery of health care |
| Conceptual | Apply | Demonstrate an understanding of and be able to apply certain economic concepts |
| Conceptual | Evaluate | Show an understanding of the strengths and weaknesses of these economic concepts when used to analyse health care decision-making |
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