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

Health Economics

Main Study Course Information

Course Code
VVDG_025
Branch of Science
Economic Theories; Economics and Business
ECTS
3.00
Target Audience
Management Science; Medical Services; Medical Technologies
LQF
Level 6
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

To master and practically apply the principles and methods of microeconomics in the context of the health system, to analyze the behavioral models of individual players (patients, medical institutions), the factors influencing them and to understand the macroeconomic significance of health systems.

Preliminary Knowledge

Basic knowledge of economics is desirable.

Learning Outcomes

Knowledge

1.Upon successful completion of the study course, the student has acquired knowledge of: • the nature and importance of the health economy as a science • macroeconomic assessment of the health sector • microeconomic methods in the analysis and planning of health care processes • patterns of individual behavior of health system participants and factors influencing it • restrictive activities of market factors in the field of health care • health production functions, demand, supply and price formation in the health sector • healthcare financing and payment systems • principles, methods of economic evaluation of health technologies and their application

Skills

1.The student has acquired the following skills: • To analyze the economic aspects of health systems: resource constraints, efficiency, productivity, etc. • To analyze the factors forming the demand and supply in health care • To evaluate aspects of health care service price formation • To apply cost-benefit analysis in the planning and management of health systems • To apply the discount method to the costs and benefits of health systems that are affected by the time factor • To apply cost comparison and cost-effectiveness analysis in health technology assessment • To calculate the cost-effectiveness of health technologies

Competences

1.The student has acquired the following competencies: • To judge on the macroeconomic importance of the health sector • To assess the role and functioning of market factors in the healthcare sector • To assess the economic performance, costs and results of health systems • To substantiate and evaluate the economic efficiency of health technologies and to judge the necessity of their deployment

Assessment

Individual work

Title
% from total grade
Grade
1.

Individual work

-
-
Organization of students' independent work and tasks: • Acquisition and analysis of scientific literature • Data search, compilation and analysis • Presentation of the results of individual and group tasks. In order to evaluate the quality of the study course as a whole, the student must fill out the study course evaluation questionnaire on the Student Portal.

Examination

Title
% from total grade
Grade
1.

Examination

-
-
Evaluation criteria: • Activity during interactive lectures • Solving situation tasks in classes • Correctness of answers in the written exam

Study Course Theme Plan

FULL-TIME
Part 1
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Analysis of health care indicators
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Categories and analysis of health care costs
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Health care financing systems
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Methods of economic analysis, their application. Evaluating cost effectiveness
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Methods of economic analysis, their application. Evaluating cost effectiveness
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Assessment of health technologies
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Health care financing systems
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Methods of economic analysis, their application. Evaluating cost effectiveness
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Health care payment systems
  1. Class/Seminar

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Categories and analysis of health care costs
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Macroeconomic significance of the health sector
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Categories and analysis of health care costs
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Nature, principles, application of health economics. Characteristics of the health care services market
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Assessment of health technologies
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Analysis of health care indicators
  1. Lecture

Modality
Location
Contact hours
On site
Auditorium
2

Topics

Health care payment systems
Total ECTS (Creditpoints):
3.00
Contact hours:
32 Academic Hours
Final Examination:
Exam

Bibliography

Required Reading

1.

Guinness L., Wiseman V. Introduction to Health Economics (2nd edition). Open University Press (2011) (akceptējams izdevums/approved publication)Suitable for English stream

Additional Reading

1.

Folland S., Goodman A., Stano M. The Economics of Health and Health Care. Boston: Pearson Prentice Hall (2017)

2.

Drummond M. Methods for the economic evaluation of health care programmes / Michael F. Drummond ... [et al.]. 4th ed. Oxford ;New York : Oxford University Press (2015)

3.

S.Larsson, J.Clawson, J.Kellar. 2023. The patient priority: solve health care's value crisis by measuring and delivering outcomes that matter to patients. New York. McGraw Hill.

Other Information Sources