Syllabus

Title
1795 Economics and Policy of the Public Healthcare Industry
Instructors
Dr. Anna-Theresa Renner, M.Sc.
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/07/20 to 09/25/20
Registration via LPIS
Notes to the course
The subject "Elective Course II Social Policy" will be held in the wintersemester 2020/21 for the last time!
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Monday 10/12/20 01:30 PM - 04:30 PM TC.3.12
Monday 10/19/20 01:30 PM - 04:30 PM TC.3.12
Monday 11/02/20 01:30 PM - 04:30 PM TC.3.12
Monday 11/09/20 01:30 PM - 04:30 PM TC.3.12
Monday 11/16/20 01:30 PM - 04:30 PM Online-Einheit
Monday 11/30/20 01:30 PM - 04:30 PM Online-Einheit
Monday 12/07/20 01:30 PM - 04:30 PM Online-Einheit
Monday 12/14/20 01:30 PM - 04:30 PM Online-Einheit
Procedure for the course when limited activity on campus

In case the capacity of the class rooms is reduced due to sanitary measures, the course will continue on synchronous hybrid mode as planned. The course will be held on campus with a possibly reduced classroom size. At the same time the course will be streamed for all students who do not come on campus. In case more students wish to come on campus than the reduced classroom size can accommodate, in-person attendance will take place on a rotational basis. Further details regarding the streaming will be communicated via e-mail in time before the first lecture at the beginning of the semester.

The lectures will be complemented by readings and take-home exercises with support given via online forums. The mid-term quizzes and the final exam will take place in class or, if needed, online during a flexible time window. Participation will be evaluated based on activity during the classes and/or take-home assignments.

Contents

This introductory course explains key economic concepts that are relevant to the public healthcare industry. The presentation takes the perspective from the Government and other public institutions. The course covers healthcare demand and disparities, social health insurance, public hospitals and physician practices, cost-effectiveness analysis, and public health. The course will also be beneficial to those aspiring to a career in the private healthcare sector as it will be an asset to understand the regulatory framework in which they will operate. The teaching style will combine theory lessons with hands-on exercises and open discussions based on relevant literature.

 

Learning outcomes
  • Understand key health economic concepts
  • Ability to apply health economic theory to real life situations
  • Acquire skills that are directly relevant to the industry
Attendance requirements

A minimum of 75% attendance (in-class or remote) is required.

Teaching/learning method(s)
  • The lecturers will explain key economic theory and the understanding will be consolidated by selected readings from a leading health economics textbook and other sources.
  • Economic theory will be presented in the context of real life applications introduced via relevant newspaper articles and case studies.
  • Understanding of theory and specific skills will be acquired by means of in-class exercises and short home assignments.
Assessment

Assessments (relative weights in the final grade)

  • Participation (20%)
  • Mid-term quizz 1 (20%)
  • Mid-term quizz 2 (20%)
  • Final exam (40%)

Grades (point ranges)

  • 1: Excellent (90-100 points)
  • 2: Good (80-89 points)
  • 3: Satisfactory (65-79 points)
  • 4: Sufficient (50-64 points)
  • 5: Fail (0-49 points)
Readings
1 Author: Folland, Goodman, and Stano
Title:

The Economics of Health and Health Care


Publisher: Routledge
Edition: 8
Remarks: Selected chapters of this book will serve as the main reading material for this course. An ebook version is freely available at the WU library.
Year: 2017
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Essential reading for all students
Type: Book
2 Author: Sloan & Hsieh
Title:

Health Economics


Publisher: The MIT Press
Edition: second edition
Remarks: Selected chapters of this book will serve as the main reading material for this course. An ebook version is freely available at the WU library.
Year: 2017
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Essential reading for all students
Type: Book
Availability of lecturer(s)

Please email lecturer for office hours.

Other
Note that the elective in Social Policy will be offered for the last time this semester. If you wish to complete this elective you will need to have completed both elective courses I & II by the end of this semester. This semester the course offered as elective I is Economics and Policy of the Public Healthcare Industry (1795) and the course offered as elective II is Introduction to Social Policy (1420).
Last edited: 2020-09-14



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