Syllabus

Title
1828 Course III: Economics and Policy of the Private Healthcare Industry
Instructors
Univ.Prof. Dr. Marcel Bilger, Viktoria Szenkurök, MSc (WU)
Contact details
marcel.bilger@wu.ac.at, viktoria.szenkuroek@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/15/22 to 09/26/22
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Course III - Health and Social Policy
Course III - Health and Social Policy
Dates
Day Date Time Room
Monday 10/10/22 09:00 AM - 12:00 PM TC.5.27
Monday 10/24/22 09:00 AM - 12:00 PM EA.6.026
Monday 11/07/22 08:30 AM - 09:15 AM TC.-1.61
Monday 11/07/22 09:15 AM - 12:00 PM TC.5.27
Monday 11/21/22 09:00 AM - 12:00 PM TC.4.05
Monday 12/05/22 08:30 AM - 09:15 AM TC.-1.61
Monday 12/05/22 09:15 AM - 12:00 PM TC.5.05
Monday 12/19/22 09:00 AM - 12:00 PM TC.5.15
Monday 01/16/23 08:30 AM - 09:15 AM TC.-1.61
Monday 01/16/23 09:15 AM - 12:00 PM TC.5.15

On this page:

to top
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.

to top
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
to top
Attendance requirements

This being a ‘course with continuous assessment (PI)’, the university requires students to attend at least 80% of the time of the scheduled course units for completing the course successfully. Ideally you attend all units fully. If you are unable to fully attend a unit, please let the lecturer(s) know in advance. In case online units are scheduled, the same attendance requirements apply.

to top
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 discussed 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.
to top
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)
to top
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
to top
Availability of lecturer(s)

Please email lecturers for office hours.

Last edited: 2022-04-07



Back