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This subject provides a comprehensive introduction to micro-economics. It is suitable for students with no prior knowledge of economics. It paves the way for students to apply micro-economic concepts to the analysis of contemporary issues in public health and health care. Topics to be studied include the following:
- Introduction to economics and micro-economics,
- Introduction to health economics,
- The demand for health and health care,
- The supply of health manpower and services: doctors and hospitals,
- The market of health care,
- Market failure and the role of government in health care,
- The Australian health care system analysed from an economic perspective,
- Australia’s Medicare system analysed from an economic perspective.
Intended learning outcomes
Upon completion of this subject, students should be able to:
- Describe the principles, concepts and theories underpinning health economics and their relevance to issues in health care policy (with a particular focus on public health),
- Describe health issues and health policies from an economic perspective,
- Appreciate and be familiar with economic theories and economic methods of analysis to the study of health issues and health policies.
Upon completion of this subject, students will have developed skills in:
- Critical thinking and analysis,
- Finding, evaluating and using relevant information,
- Written communication,
- Persuasion and argumentation.
Last updated: 18 December 2020