|Year of offer||2019|
|Subject level||Graduate coursework|
|Fees||Subject EFTSL, Level, Discipline & Census Date|
This subject provides a comprehensive introduction to micro-economics. It is suitable for students with no prior knowledge of economics. It paves the way for students to apply micro-economic concepts to the analysis of contemporary issues in public health and health care. Topics to be studied include the following:
- Introduction to economics and micro-economics,
- Introduction to health economics,
- The demand for health and health care,
- The supply of health manpower and services: doctors and hospitals,
- The market of health care,
- Market failure and the role of government in health care,
- The Australian health care system analysed from an economic perspective,
- Australia’s Medicare system analysed from an economic perspective.
Intended learning outcomes
Upon completion of this subject, students should be able to:
- Describe the principles, concepts and theories underpinning health economics and their relevance to issues in health care policy (with a particular focus on public health),
- Describe health issues and health policies from an economic perspective,
- Appreciate and be familiar with economic theories and economic methods of analysis to the study of health issues and health policies.
Upon completion of this subject, students will have developed skills in:
- Critical thinking and analysis,
- Finding, evaluating and using relevant information,
- Written communication,
- Persuasion and argumentation.
Eligibility and requirements
Core participation requirements
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
- Two minor assignments, due in week 4 and 11, 15% each (30% total)
- A one-hour mid-term in-class examination in Week 8 (20%)
- One major essay of 2500 words, due in the end of semester examination period (50%)
Dates & times
- Semester 1
Principal coordinator Arthur Hsueh Mode of delivery On Campus — Parkville Contact hours 24 hours Total time commitment 170 hours Teaching period 4 March 2019 to 2 June 2019 Last self-enrol date 15 March 2019 Census date 31 March 2019 Last date to withdraw without fail 10 May 2019 Assessment period ends 28 June 2019
Semester 1 contact information
Time commitment details
Gans, King, and Mankiw, most recent edition, Principles of Microeconomics, Cengage Learning
Students who plan to enrol in HE1 ONLY will need: Barbara Mcpake and Charles Normand, 2008 Health Economics – An international perspective, 2nd Edition, Routledge.
Students who plan to enrol in BOTH Health Economics 1 and 2 will need: Sherman Folland, Allen Goodman and Miron Stano, international edition (7th edition), 2013, The Economics of Health and Health Care, Pearson
Students will have access to electronic copies of relevant readings on LMS.
Recommended texts and other resources
- Subject notes
- Related Handbook entries
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.