Syllabus

Title
2122 Course III: Economics and Policy of the Private Healthcare Industry
Instructors
Viktoria Szenkurök, MSc (WU), Dr. Timo Fischer, Mag. Andreas Goltz
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
09/16/21 to 09/19/21
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Monday 10/11/21 09:00 AM - 12:00 PM D3.0.225
Monday 10/25/21 09:00 AM - 12:00 PM D3.0.233
Monday 11/15/21 09:00 AM - 12:30 PM D5.0.002
Monday 11/29/21 08:00 AM - 11:00 AM D3.0.225
Monday 12/13/21 09:00 AM - 12:30 PM TC.0.03 WIENER STÄDTISCHE
Monday 01/10/22 09:00 AM - 12:00 PM D3.0.225
Monday 01/24/22 08:00 AM - 11:30 AM TC.5.01

Contents

This introductory course explains key economic concepts that are relevant to the private healthcare industry. The presentation takes the perspective from private agents making economic decisions. The course covers patients as consumers of care, private health insurance companies, private hospitals and physicians, and the pharmaceutical industry.

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 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

Assessment Components (relative weights in the final grade)

  • Participation (15%)
  • Quiz 1 (20%)
  • Quiz 2 (20%)
  • Quiz 3 (20%)
  • Written group assignment (25%)

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: 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
2 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
3 Author: Bhattacharya, Hyde, and Tu
Publisher: Red Globe Press
Edition: 1st
Year: 2013
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 lecturers for office hours.

Last edited: 2021-09-20



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