Health Economics and Policy (ECON 522)

2021 Fall
Faculty of Arts and Social Sciences
Economics(ECON)
3
10.00
Erdal Aydın erdalaydin@sabanciuniv.edu,
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English
Doctoral, Master
--
Formal lecture
Discussion based learning
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CONTENT

Introduction to the efficiency and ethical issues involved in distribution of health care. Cost-benefit and cost effectiveness analyses to evaluate public and private sector health policies. Exploring the link between health and nutrition. Health insurance policies, quality assurance and the role of the government and professional organizations in provision of health services.

OBJECTIVE

GOALS OF THE COURSE:
- Introduce basic microeconomic and statistical tools that are used in health economics to
analyze the unique characteristics of supply and demand of health care.
- Endow students with the ability to design effective public policies by providing an
understanding of economic incentives of various players in the health care sector
including patients, doctors, hospitals, government, and insurance companies.
- Introduce basic tools in Pharmacoeconomic analysis and various reimbursement policies.
- Endow students with the knowledge of various health care systems.

LEARNING OUTCOME

Upon completion of the course students are expected to be able to:
1) understand the issues about social and economic relevance of health services in society
2) identify market and non-market settings in health sector
3) develop models to analyze health industry
4) evaluate benefits and costs of public policies and propose alternative solutions
5) discuss regulation and regulatory framework in health industry.

ASSESSMENT METHODS and CRITERIA

  Percentage (%)
Final 35
Midterm 25
Exam 5
Term-Paper 15
Homework 20

RECOMENDED or REQUIRED READINGS

Textbook

Health Economics, Charles E. Phelps, Addison Wesley; 5th edition (May 29, 2012)

Readings

The Economics of Health and Health Care, Sherman Folland, Allen Goodman, Miron
Stano, Prentice Hall; 7th edition (March 10, 2012)
? The Handbook of Health Economics, Volume II, Mark V. Pauly, Thomas G. Mcguire,
and, Pedro P. Parros eds., Elsevier Science, 2011.
? The Handbook of Health Economics, Volume I (Parts A and B), Anthony J. Culyer and
Joseph P. Newhouse, eds., Elsevier Science, 2000.