School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
Course Code | ECON 434 | ||||
Course Title in English | Health Economics | ||||
Course Title in Turkish | Sağlık Ekonomisi | ||||
Language of Instruction | EN | ||||
Type of Course | Flipped Classroom | ||||
Level of Course | Select | ||||
Semester | Spring | ||||
Contact Hours per Week |
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Estimated Student Workload | 126 hours per semester | ||||
Number of Credits | 5 ECTS | ||||
Grading Mode | Standard Letter Grade | ||||
Pre-requisites |
ECON 202 - Microeconomic Theory II |
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Expected Prior Knowledge | Intermediate microeconomics | ||||
Co-requisites | None | ||||
Registration Restrictions | Only undergraduate students | ||||
Overall Educational Objective | Analyze and critically evaluate the economic factors influencing healthcare systems, understand the principles of resource allocation in the health sector, and apply economic concepts to assess the efficiency, equity, and sustainability of healthcare delivery. | ||||
Course Description | This is a one-semester undergraduate course, designed to introduce students to the fundamentals of health economics, focusing on demand for health and health care and various pressing issues in public health policy. The course assumes familiarity with principles of microeconomics but no background knowledge on healthcare is required. | ||||
Course Description in Turkish | Bu ders katılımcılara sağlık iktisadinin temellerini anlatır. Sağlığa olan talep, arz ve sağlık politikasındaki çeşitli konulara mikro iktisadi araçları kullanarak yaklaşır. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Understand the microeconomic concepts behind health and health care 2) Relate concepts of health economics with possible economic and health care market applications 3) Understand the government's role in healthcare markets and assess its performance. |
Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 |
---|---|---|---|
1) Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | |||
2) Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | |||
3) Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | |||
4) Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | |||
5) Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | |||
6) Internalization and dissemination of professional ethical standards. | |||
7) Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | |||
8) Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | |||
9) Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | |||
10) Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | |||
11) Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | |||
12) Ability to acquire knowledge independently, and to plan one’s own learning. | |||
13) Demonstration of advanced competence in the clarity and composition of written work and presentations. |
N None | S Supportive | H Highly Related |
Program Outcomes and Competences | Level | Assessed by | |
1) | Thorough knowledge of the major concepts, theoretical perspectives, empirical findings, and historical trends in psychology. | N | |
2) | Understanding of and ability to apply essential research methods in psychology, including research design, data analysis, and data interpretation. | N | |
3) | Competence to use critical and creative thinking, skeptical inquiry and a scientific approach to solving problems related to behavior and mental processes. | H | Exam,HW,Participation |
4) | Understanding and ability to apply psychological principles, skills and values in personal, social, and organizational contexts. | N | |
5) | Ability to weigh evidence, to tolerate ambiguity, and to reflect other values that underpin psychology as a discipline. | N | |
6) | Internalization and dissemination of professional ethical standards. | N | |
7) | Demonstration of competence in information technologies, and the ability to use computer and other technologies for purposes related to the pursuit of knowledge in psychology and the broader social sciences. | N | |
8) | Skills to communicate the knowledge of psychological science effectively, in a variety of formats, in both Turkish and in English (in English, at least CEFR B2 level). | N | |
9) | Recognition, understanding, and respect for the complexity of sociocultural and international diversity. | S | Participation |
10) | Recognition for the need for, and the skills to pursue, lifelong learning, inquiry, and self-improvement. | S | HW,Participation |
11) | Ability to formulate critical hypotheses based on psychological theory and literature, and design studies to test those hypotheses. | N | |
12) | Ability to acquire knowledge independently, and to plan one’s own learning. | S | Exam,HW |
13) | Demonstration of advanced competence in the clarity and composition of written work and presentations. | H | Exam,HW |
Prepared by and Date | FIRAT BİLGEL , November 2023 |
Course Coordinator | FIRAT BİLGEL |
Semester | Spring |
Name of Instructor | Prof. Dr. FIRAT BİLGEL |
Week | Subject |
1) | Why Health Economics? Demand for Health Care |
2) | Demand for Health: the Grossman Model |
3) | Socioeconomic disparities in health The labor market for physicians |
4) | Demand for Insurance |
5) | Adverse Selection: Akerlof’s market for lemons |
6) | Adverse Selection: the Rothschild-Stiglitz model |
7) | Adverse selection in real markets Moral Hazard |
8) | Health policy conundrum The Beveridge model: nationalized health care |
9) | The Bismarck model: social health insurance |
10) | Population aging and the future of health policy |
11) | The economics of health externalities |
12) | Special Topics: The economics of organ transplantation |
13) | Economic epidemiology and Obesity |
14) | Special Topics: Selected empirical Studies in Health Economics |
15) | Final Examination Period |
16) | Final Examination Period |
Required/Recommended Readings | Health Economics by Bhattacharya, Hyde and Tu (2013). | |||||||||||||||||||||
Teaching Methods | Flipped learning | |||||||||||||||||||||
Homework and Projects | ||||||||||||||||||||||
Laboratory Work | N/A | |||||||||||||||||||||
Computer Use | N/A | |||||||||||||||||||||
Other Activities | ||||||||||||||||||||||
Assessment Methods |
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Course Administration |
bilgelf@mef.edu.tr Improper behavior, academic dishonesty and plagiarism: YÖK Disciplinary Regulation |
Activity | No/Weeks | Hours | Calculation | ||||
No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
Course Hours | 14 | 2 | 3 | 1 | 84 | ||
Homework Assignments | 7 | 1 | 1 | 14 | |||
Midterm(s) | 1 | 10 | 2 | 12 | |||
Final Examination | 1 | 14 | 2 | 16 | |||
Total Workload | 126 | ||||||
Total Workload/25 | 5.0 | ||||||
ECTS | 5 |