Module NHS-4003:
Health Economics

Module Facts

Run by School of Health Sciences

20 Credits or 10 ECTS Credits

Semester 1 & 2

Organiser: Prof Rhiannon Tudor Edwards

Overall aims and purpose

Based on their previous knowledge of healthcare systems in their home country, the purpose of this module is to give students an understanding of the key concepts of scarcity, choice and opportunity cost in health economics. This module aims to introduce students to different methods for the finance and delivery of health care and provide them with international examples (eg drawn from the Europe, Africa, Arab states, Australia and US). Students will be introduced to the four main methods of economic evaluation. Students will learn why health care is different from other economic goods and services and gain an understanding of the factors that determine supply and demand for health care. Students will learn how to interpret published economic evaluation studies. Students will be introduced to the current debate over the meaning of equity in health, and equity of health care and the need for health care rationing (illustrated with international examples of where countries have attempted to ration or set priorities in health care).

The module will cover the following topics: principles of economics, introduction to health economics, systems of health care finance and delivery (international examples), methods of economic evaluation, measuring outcomes in health economics (willingness to pay, QALYs), interpreting published economic studies, use of modelling and statistics in health economics, equity in health and health care, rationing and priority setting. This module uses a range of interactive teaching and learning methods, including lectures, seminars, discussions and e-learning. This module is core to a number of pathways, complementing modules such as research methods (quantitative and qualitative).

Course content

Topics may include:

  1. Principles of economics
  2. Introduction to Health Economics
  3. Systems of health care finance and delivery
  4. Methods of economic evaluation
  5. Measuring outcomes in Health Economics
  6. Interpreting published economic studies
  7. Process utility in healthcare – discrete choice experiments
  8. Use of modelling and statistics in Health Economics
  9. Equity in health and health care, rationing and priority setting
  10. Public health and economic evaluation

Assessment Criteria

threshold

C- to C+

Basic understanding of the facts and principles specific to the topics covered in this module. Basic understanding of professional accountability issues. In order to achieve a ‘pass’ on the module, students will be required to achieve a minimum of C- grade in each of the exam, critical appraisal assignment and class presentation.

good

B- tpo B+

Good understanding of the facts and principles specific to the topics covered in this module. Good understanding of professional accountability issues. In order to achieve a ‘good pass’ on the module, students will be required to achieve an average of B- grade across the exam, critical appraisal assignment and class presentation.

excellent

A- to A*

Very good understanding of the facts and principles specific to the topics covered in this module and evidence of additional evidence gained by the student. Very good understanding of professional accountability issues. In order to achieve an ‘excellent pass’ on the module, students will be required to achieve an average of A- grade in across of the exam, critical appraisal assignment and class presentation.

Learning outcomes

  1. Measuring process utility in health economics (discrete choice experiments)

  2. Interpret and critically appraise published economic studies

  3. Interpret use of modelling and statistics in Health Economics

  4. Discuss concepts of equity in healthcare, rationing and priority setting

  5. Discuss the additional challenges of economic evaluation of public health interventions

  6. Principles of economics (three main economic questions, scarcity of resources, choice and opportunity costs)

  7. Origins, context and scope of Health Economics

  8. Systems of health care finance and delivery (international examples)

  9. Methods of economic evaluation

  10. Measuring outcomes in Health Economics

Assessment Methods

Type Name Description Weight
Exam 50
Critical Appraisal 25
Presentation 25

Teaching and Learning Strategy

Hours
 
  1. Lectures, weekly x12 (1.5hr lecture +1.5hr seminar/group work/presentations)
36
Private study 160
Private study

e-learning (blackboard) - 4hours

4

Transferable skills

  • Literacy - Proficiency in reading and writing through a variety of media
  • Numeracy - Proficiency in using numbers at appropriate levels of accuracy
  • Computer Literacy - Proficiency in using a varied range of computer software
  • Self-Management - Able to work unsupervised in an efficient, punctual and structured manner. To examine the outcomes of tasks and events, and judge levels of quality and importance
  • Exploring - Able to investigate, research and consider alternatives
  • Information retrieval - Able to access different and multiple sources of information
  • Inter-personal - Able to question, actively listen, examine given answers and interact sensitevely with others
  • Critical analysis & Problem Solving - Able to deconstruct and analyse problems or complex situations. To find solutions to problems through analyses and exploration of all possibilities using appropriate methods, rescources and creativity.
  • Safety-Consciousness - Having an awareness of your immediate environment, and confidence in adhering to health and safety regulations
  • Presentation - Able to clearly present information and explanations to an audience. Through the written or oral mode of communication accurately and concisely.
  • Teamwork - Able to constructively cooperate with others on a common task, and/or be part of a day-to-day working team
  • Management - Able to utilise, coordinate and control resources (human, physical and/or financial)
  • Argument - Able to put forward, debate and justify an opinion or a course of action, with an individual or in a wider group setting
  • Self-awareness & Reflectivity - Having an awareness of your own strengths, weaknesses, aims and objectives. Able to regularly review, evaluate and reflect upon the performance of yourself and others
  • Leadership - Able to lead and manage, develop action plans and objectives, offer guidance and direction to others, and cope with the related pressures such authority can result in

Resources

Talis Reading list

http://readinglists.bangor.ac.uk/modules/nhs-4003.html

Reading list

Reading lists will be available and updated via Talis for each academic year. This online database is module specific, and contains references to material that is current and topical (and includes electronically accessible material). http://readinglists.bangor.ac.uk/modules/nhs-4003.html