1610 Course III: Economics and Policy of the Private Healthcare Industry
Univ.Prof. Dr. Marcel Bilger, Viktoria Szenkurök, MSc (WU)
Weekly hours
Language of instruction
09/15/23 to 09/22/23
Registration via LPIS
Notes to the course
Day Date Time Room
Monday 10/16/23 08:30 AM - 11:30 AM TC.4.01
Monday 10/30/23 09:00 AM - 12:00 PM TC.5.15
Monday 11/13/23 09:00 AM - 09:45 AM TC.-1.61
Monday 11/13/23 09:45 AM - 12:30 PM TC.5.01
Monday 11/27/23 09:00 AM - 12:00 PM TC.5.13
Monday 12/11/23 09:00 AM - 09:45 AM TC.-1.61
Monday 12/11/23 09:45 AM - 12:30 PM D3.0.225
Monday 01/08/24 09:00 AM - 12:00 PM EA.6.032
Monday 01/22/24 09:00 AM - 09:45 AM TC.-1.61
Monday 01/22/24 09:45 AM - 12:30 PM EA.6.026

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

This being a ‘course with continuous assessment (PI)’ students need 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.

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.

Assessment Components (relative weights in the final grade)

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

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Availability of lecturer(s)

Please email lecturers for office hours.

Last edited: 2023-10-05