Veidlapa Nr. M-3 (8)
Study Course Description

Introduction to Health Economics

Main Study Course Information

Course Code
VVDG_048
Branch of Science
Economics and Business; Other Sub-Branches of Economics and Business
ECTS
3.00
Target Audience
Business Management; Clinical Pharmacy; Dentistry; Medicine; Pharmacy; Political Science; Public Health
LQF
Level 7
Study Type And Form
Full-Time

Study Course Implementer

Course Supervisor
Structure Unit Manager
Structural Unit
Health Management Teaching Group
Contacts

Dzirciema street 16, Rīga

About Study Course

Objective

The purpose of this course is to provide students with basic knowledge, skills and competences in making more efficient use of scarce healthcare resources through the acquisition of conceptual and applied techniques and through empirical evidence from literature and case studies.

Preliminary Knowledge

Basic economic knowledge is desirable.

Learning Outcomes

Knowledge

1.Upon successful completion of the course the students will: - understand the economic relevance of health and health care; - estimate the demand for health and health care, - be aware of the specificities of the operating environments of the health care markets; - describe models of healthcare financing design; and the behavior of various stakeholders; - understand the rationale for government intervention in healthcare markets and describe healthcare insurance; - analyse the main feature of different healthcare systems utilizing an international comparative framework.

Skills

1.The students will be able to: - understand fundamental mechanisms related to economics applied to health care; - understand the economics of health care institutions; - interpret stakeholders’ behavior in healthcare markets; - understand the economics of frailty and failure in markets for health care; - justify the use of economic concepts and evaluation techniques in the analysis of health sector and health care services; - understand the economics behind decision making in the health care system; - interpret public policies as addressing trade-offs in health care allocations.

Competences

1.Students will be able to: - to interpret the feasibility of applying the principles of the health economy in health care; - identify and address health problems through innovative health economic tools; - to judge the causes of market failures and identify policy tools to highlight them in the healthcare sector; - assess the effectiveness of health policy in the context of fairness and effectiveness; - to provide an opinion and support more effective decision-making in healthcare.

Assessment

Individual work

Title
% from total grade
Grade
1.

Application of health economics

50.00% from total grade
10 points

Examination

Title
% from total grade
Grade
1.

Multiple choice test

50.00% from total grade
10 points

Study Course Theme Plan

FULL-TIME
Part 1
  1. Lecture

Modality
Location
Contact hours
Off site
Online
2

Topics

Introduction to basic principles of Health Economics
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Introduction to basic principles of Health Economics
  1. Lecture

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Health Insurance Theory
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Health Insurance Theory
  1. Lecture

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Healthcare services market
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Healthcare services market
  1. Lecture

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Supply and Demand of Health Services
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Supply and Demand of Health Services
  1. Lecture

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Economic Evaluation of Health Care programs
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Economic Evaluation of Health Care programs
  1. Lecture

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Application of the health economics in decision-making
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Application of the health economics in decision-making
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Application of the health economics in decision-making
  1. Class/Seminar

Modality
Location
Contact hours
Off site
E-Studies platform
2

Topics

Application of the health economics in decision-making
Total ECTS (Creditpoints):
3.00
Contact hours:
28 Academic Hours
Final Examination:
Exam

Bibliography

Required Reading

1.

Guinness L., Wiseman V. Introduction to Health Economics. 2nd edition, Open University Press, 2011. (jaunāku izdevumu nav)Suitable for English stream

2.

Methods for the Economic Evaluation of Health Care Programmes. Oxford university Press, 2015.Suitable for English stream

Additional Reading

1.

Barbu, L. Global trends in the scientific research of the health economics: a bibliometric analysis from 1975 to 2022. Health Econ Rev 13, 31, 2023Suitable for English stream

2.

Journal of Health EconomicsSuitable for English stream

3.

American Journal of Health EconomicsSuitable for English stream

Other Information Sources

1.

The Office of Health Economics (OHE)Suitable for English stream