Students

ECON8016 – Health Economics and Policy

2022 – Session 2, Online-scheduled-weekday

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Kompal Sinha
Credit points Credit points
10
Prerequisites Prerequisites
Admission to MActPrac or ECON632 or ECON6032 or ECON649 or ECON6049 or ECON991 or ECON8091
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit is aimed at students interested in pursuing careers in the field of health economics, health policy or health technology assessment, or students interested in understanding the economics of health and health policy. The unit will introduce students to economic tools and their application relevant to the understanding of the economics of health and health care. Adopting a microeconomic approach, the unit will cover economic and statistical concepts and techniques relevant to the understanding of health economics. Topics covered will include supply and demand for health, information and insurance markets, key players in the health care sector, social insurance, the economics of health innovation (pharmaceuticals, technology and health technology assessment), health policy, health systems around the world, the economics and policy of bads, public health economics, behavioural health economics, health and economic development and the case of Aboriginal health.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Evaluate the importance of health economics and its relevance to health systems.
  • ULO2: Apply theoretical knowledge of applied microeconomics to health economics.
  • ULO3: Evaluate health as a unique economic good, and the role of market players, market imperfections and the government.
  • ULO4: Critically analyse the role of health economics in the design of health policy across the world.
  • ULO5: Effectively communicate theories and knowledge of health economics in technical and non-technical language.

General Assessment Information

Late Assessment Submission Penalty (written assessments) 

Unless a Special Consideration request has been submitted and approved, a 5% penalty (of the total possible mark) will be applied each day a written assessment is not submitted, up until the 7th day (including weekends). After the 7th day, a grade of ‘0’ will be awarded even if the assessment is submitted. Submission time for all written assessments is set at 11.55pm. A 1-hour grace period is provided to students who experience a technical concern.  

For any late submissions of time-sensitive tasks, such as scheduled tests/exams, performance assessments/presentations, and/or scheduled practical assessments/labs, students need to submit an application for Special Consideration.

Assessment Tasks

Name Weighting Hurdle Due
Presentation 25% No Week 10 (during scheduled lecture time)
Research Report 50% No Week 12 (Monday 11:59pm)
Health policy debate 25% No Week 13 (during scheduled lecture time)

Presentation

Assessment Type 1: Presentation
Indicative Time on Task 2: 8 hours
Due: Week 10 (during scheduled lecture time)
Weighting: 25%

 

Each student is assigned a task of preparing and presenting a literature review on the pre-assigned topic. The suggested topics will be posted on iLearn in Week 1. Each student is required to prepare and present a power point aided presentation in Week 10.

 


On successful completion you will be able to:
  • Evaluate the importance of health economics and its relevance to health systems.
  • Apply theoretical knowledge of applied microeconomics to health economics.
  • Critically analyse the role of health economics in the design of health policy across the world.
  • Effectively communicate theories and knowledge of health economics in technical and non-technical language.

Research Report

Assessment Type 1: Report
Indicative Time on Task 2: 25 hours
Due: Week 12 (Monday 11:59pm)
Weighting: 50%

 

Students are required to prepare a 4000-word research report on the assigned policy topic. Alternatively, students may formulate their own topic for the report, but this will need to be negotiated with the lecturer.

 


On successful completion you will be able to:
  • Evaluate the importance of health economics and its relevance to health systems.
  • Apply theoretical knowledge of applied microeconomics to health economics.
  • Evaluate health as a unique economic good, and the role of market players, market imperfections and the government.
  • Critically analyse the role of health economics in the design of health policy across the world.
  • Effectively communicate theories and knowledge of health economics in technical and non-technical language.

Health policy debate

Assessment Type 1: Debate
Indicative Time on Task 2: 8 hours
Due: Week 13 (during scheduled lecture time)
Weighting: 25%

 

Students will be assigned a health policy question in week 2. Each student will be required to work on this health policy topic throughout the session, and participate in the class debate in Week 13. A short 2 page summary of their case should be handed in at the beginning of the debate in Week 13.

 


On successful completion you will be able to:
  • Evaluate the importance of health economics and its relevance to health systems.
  • Apply theoretical knowledge of applied microeconomics to health economics.
  • Evaluate health as a unique economic good, and the role of market players, market imperfections and the government.
  • Effectively communicate theories and knowledge of health economics in technical and non-technical language.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

Required and recommended text:

  • Bhattacharya, J., Hyde, T., & Tu, P. (2013). Health economics. Macmillan International Higher Education.
  • Folland, S., A. Goodman and M. Stano, The Economics of Health and Health Care, (8th Ed), Pearson.
  • Reading list for this unit (available on iLearn)

These textbooks are available for purchase at Co-op Bookshop. A small number are available on reserve in the library. Earlier editions are similar but page references may change.

Teaching and learning resources

  • Course material is available on the iLearn unit page.
  • Students will be required to read journal articles every week.
  • The list of these articles will be posted on iLearn unit page.
  • Students will need a PC/Tablet. 
  • Students will use MS-Office for this unit.
  • Students will need to be familiar with platforms for online communications such as Zoom, Microsoft Teams

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/

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