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Unit information: Health Economics with Data Application in 2023/24

Unit name Health Economics with Data Application
Unit code ECONM0016
Credit points 20
Level of study M/7
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Professor. Stephanie von Hinke
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

Economic Analytics

Units you must take alongside this one (co-requisite units)

None

Units you may not take alongside this one

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Unit Information

Why is this unit important?
This unit applies economic principles and methods to the analysis of health and health care-related decision making by individuals, health care providers and governments. This is important, not just because the health sector is responsible for an increasingly large share of government spending, but also because of the public regulation of health services and its ethical significance.

How does this unit fit into your programme of study?
On completing the module, students will be able to understand the main economic theories and empirical applications in the area, as well as evaluate existing and new health policies and interventions within a formal economic framework. Students will also start learning how to do their own empirical analysis.

Your learning on this unit

An overview of content

This unit aims to provide comprehensive training in using economic analyses to explore different aspects of the economics of health and health care. The unit will cover topics such as the demand for health, the economics of obesity, health insurance, equity in health care finance and delivery, and cost-benefit and cost-effectiveness analysis. In addition, the course will cover and analyse the recent empirical evidence on such topics. Finally, there is a hands-on component, allowing students to use real-world data on a health economics topic for empirical analyses.

How will students, personally, be different as a result of the unit

This unit provides a thorough and in-depth treatment of different theories and concepts in the economics of health and health care. Students will be able to use an economic framework to assess existing and new health-related (government) interventions, as well as assess the reliability of existing research findings. Students will then use this new knowledge and apply it to real-world data.

Learning outcomes

By the end of this unit, successful students will:

1. Have a rigorous understanding of the main economic theories in the area;

2. Be able to evaluate health policies and interventions within a formal economic framework;

3. Be able to critically evaluate empirical findings and start discussing their own independent research projects;

4. Be able to demonstrate their understanding and knowledge in their own empirical analysis.

How you will learn

How you will learn

Teaching will be delivered through lectures and classes supported by online resources.

  • Weekly lectures, covering the new material for each topic.
  • Seminar classes in which we go through real-world application exercises and relevant existing literature. Some of these will be similar to exam-type questions.
  • Revision lecture, allowing the student to assess what they still need to focus on in preparation for the unit’s examination.
  • A lecture focusing on exam practice, going through previous years’ exams in detail to discuss how to structure your answers to the exam questions.

How you will be assessed

Tasks which help you learn and prepare you for summative tasks (formative):

We will discuss the weekly exercises in class as a group, providing students with immediate feedback on their understanding of the topic. There will also be various opportunities for oral and/or written feedback on answers to the exercises that are set for each week.

Tasks which count towards your unit mark (summative):

Empirical project (analysis; approx. 600-800 words excl. figures, tables and references) (25%) – ILOs 1-4

Coursework (essay; approx. 600-800 words excl. figures, tables and references) (25%) – ILOs 1-3

Exam 2.5 hours (50%) – ILOs 1-3

When assessment does not go to plan

Re-assessment will take the form of a single examination assessing all ILOs

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECONM0016).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the University Workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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