COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
ECON 439PRINCIPLES OF HEALTH ECONOMICS3 + 05th Semester5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Elective
Course Objective This course is an introduction to the field of Health Economics. Health Economics is an active field of Microeconomics with a large and growing literature. The goal of this course is to better understand the economic theory of health and healthcare. Several economic models in detail, including models of health, addiction, demand for healthcare and demand for insurance will be studied in this course. The emphasis will be on key economic concepts that health economists use to analyse health and healthcare markets. Another goal of the class is to learn to evaluate and interpret empirical findings in health economics. Some of the papers will be discussed in detail to understand the econometric models and the findings reported in those papers.
Course Content 1st Week: Introduction to Health Economics 2nd Week: Demand for Health and Health Care 3rd Week: Supply of Health Care 4th Week: Goals of Economic Systems: Efficiency and Equity 5th Week: Production of Health 6th Week: Demand and Supply of Health Insurance 7th Week: Cost and Benefits of Health Insurance Markets 8th Week: Markets for Clinician and Hospital Services 9th Week: Economics of Health Innovation 10th Week: The Role of Government 11th Week: Health Care Reforms 12th Week: Class Presentations 13th Week: Class Presentations
Prerequisites No prerequisites.
Corequisite No corequisites.
Mode of Delivery Face to face

COURSE LEARNING OUTCOMES
1By the end of the course, the goal is for students to provide gains on Health Economics as in the following: 1. Microeconomic theory and understanding of key empirical studies on healthcare and health;
22. Understanding of how health insurance impacts the demand for healthcare and its prices;
33. To improve knowledge and skills on the functioning of key healthcare markets, including healthcare services, health workforce, hospitals, pharmaceuticals, and the government’s role in healthcare markets and health and assess its performance.

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12
LO 01            
LO 02            
LO 03            
Sub Total            
Contribution000000000000

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration14342
Hours for off-the-classroom study (Pre-study, practice)13339
Assignments11010
Mid-terms11313
Final examination12626
Total Work Load

ECTS Credit of the Course






130

5

COURSE DETAILS
 Select Year   


 Course TermNoInstructors
Details 2019-2020 Fall1MAKBULE GÜLBİN ERDEM

Course Details
Course Code:  ECON 439 Course Title:  PRINCIPLES OF HEALTH ECONOMICS
L+P Hour : 3 + 0   Course Code : 1   Language Of Instruction: English Course Semester :  2019-2020 Fall
Course Coordinator :  E-Mail:  Phone Number : 
Course Location İİBF C0104,
Goals : This course is an introduction to the field of Health Economics. Health Economics is an active field of Microeconomics with a large and growing literature. The goal of this course is to better understand the economic theory of health and healthcare. Several economic models in detail, including models of health, addiction, demand for healthcare and demand for insurance will be studied in this course. The emphasis will be on key economic concepts that health economists use to analyse health and healthcare markets. Another goal of the class is to learn to evaluate and interpret empirical findings in health economics. Some of the papers will be discussed in detail to understand the econometric models and the findings reported in those papers.
Content : 1st Week: Introduction to Health Economics 2nd Week: Demand for Health and Health Care 3rd Week: Supply of Health Care 4th Week: Goals of Economic Systems: Efficiency and Equity 5th Week: Production of Health 6th Week: Demand and Supply of Health Insurance 7th Week: Cost and Benefits of Health Insurance Markets 8th Week: Markets for Clinician and Hospital Services 9th Week: Economics of Health Innovation 10th Week: The Role of Government 11th Week: Health Care Reforms 12th Week: Class Presentations 13th Week: Class Presentations
Attendance : %70
Topics
WeeksTopics
1 Introduction to Health Economics
2 Demand for Health and Health Care
3 Supply of Health Care
4 Economic Efficiency and Cost-Benefit Analysis
5 Production of Health
6 Demand and Supply of Health Insurance
7 Midterm Exam
8 Market Failure: Adverse Selection within Health Insurance
9 Labour Markets in Health Care
10 Economics of Health Innovation
11 The Role of Government
12 Comparing Health Systems and Health Care Reforms
13 Presentations
14 Presentations
Materials
Materials are not specified.
Resources
ResourcesResources Language
Bhattacharya, J., Hyde, T. and Tu, P. (2014) Health Economics, New York: Palgrave Macmillan.English
Folland, S., Goodman, A. C. and Stano, M. (2017) The Economics of Health and Health Care, 8th Edition, New York: Routledge.English
Dewar, D. M. (2010) Essentials of Health Economics, Boston: Jones and Bartlett PublishersEnglish
Course Assessment
Assesment MethodsPercentage (%)Assesment Methods Title
Final Exam40Final Exam
Midterm Exam30Midterm Exam
Seminar20Seminar
Attendance to Lesson10Attendance to Lesson
L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes