Master of Public Health in Health Economics

Introduction to Health Economics explores the insights that an economic perspective can bring to planning and implementing health services and health systems. The first half of the course focuses on the application of classical and behavioural economic approaches to analysing individual health behaviour and the functioning of health markets. The second half covers the principles and common methods of economic evaluation, particularly cost-effectiveness analysis. Students also acquire basic skills in interpreting and critiquing cost-effectiveness studies.

Healthcare Financing introduces financing concepts and their application. Students acquire an understanding of financing arrangements in terms of sources, collection, risk pooling, regulation and strategic purchasing. They engage with the experiences of a range of countries moving towards universal health coverage.

Economics of Health Care covers the application of economic approaches to the analysis of health and healthcare delivery. Students learn how classical supply and demand curves have been used to analyse the production and consumption of health services, and about the insights these analyses provide for improving the organisation and delivery of health services. They are also introduced to recent behavioural economic approaches and their relevance for understanding healthcare demand and supply.

Economic Evaluation covers advanced topics in cost-effectiveness and cost-utility analyses relating to identifying, measuring and valuing health outcomes measures and costs. Students learn the theoretical underpinnings and methods for doing an economic evaluation.

Decision Analysis for Economic Evaluation teaches students to build decision analytical models, conduct appropriate sensitivity analyses, and apply these analyses to making decisions about introducing new health technologies.