1. To provide the students a broad understanding about the fundamental economic concepts in the area of health, health care and health policy.
2. To equip students with economic theories and logics in order to analyze the behavior of different economics agents at the individual, household, community and institutional (government and non-governmental) levels within the healthcare market frameworks.
3. To help them to build rationale and strategies based on the economic valuation of healthcare system and the measurement of efficiency level.
4. To learn about the shortcomings of a lowly developed economy to attain best health status and the health and development nexus.
5. To understand the healthcare financing mechanism and its evolution
COURSE LAYOUT
Week 1 : Introduction, Consumer Behaviour, Demand and Supply
Week 2 : Elasticity of demand and supply, Theory of Production
Week 3 : Theories of Cost and Grossman’s Demand for Healthcare
Week 4 : Market Imperfections, Healthcare Financing
Week 5 : Health Insurance
Week 6 : Impact Evaluation, Social Determinants of Health
Week 7 : Economic Externalities, Public and Private Goods
Week 8 : Population, Health and Development
• Stephen Morris, Nancy Devlin, David Parkin. Economic Analysis in Health Care. John Wiley & Sons
• Folland, Goodmand, and Stano (FSG). The Economics of Health and Health Care. 5th Edition. Pearson Prentice Hall Press
• Jay Bhattacharya, Timothy Hyde, Peter Tu. Health Economics. Palgrave MacMillan.
Links:
[1] https://economics.iisuniv.ac.in/courses/subjects/economics-health-and-health-caremooc
[2] https://economics.iisuniv.ac.in/academic-session/2018-19