| School/Faculty/Institute |
Faculty of Econ., Admin. 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 |
Seçiniz |
| Semester |
Spring |
| Contact Hours per Week |
| Lecture: 3 |
Recitation: 0 |
Lab: 0 |
Other: 0 |
|
| Estimated Student Workload |
126 hours per semester |
| Number of Credits |
5 ECTS |
| Grading Mode |
Standard Letter Grade
|
| Pre-requisites |
ECON 202 - Microeconomic Theory II
|
| 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 Competences
Upon 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) Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
|
|
|
| 2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
|
|
|
| 3) Displays a sound comprehension of microeconomic and macroeconomic theory.
|
|
|
|
| 4) Applies economic concepts to solve complex problems and enhance decision-making capability. |
|
|
|
| 5) Uses quantitative techniques to analyze different economic systems.
|
|
|
|
| 6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
|
|
|
| 7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
|
|
|
| 8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
|
|
|
|
| 9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
|
|
|
| 10) Exhibits individual and professional ethical behavior and social responsibility. |
|
|
|
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
|
|
|
Relation to Program Outcomes and Competences
| N None |
S Supportive |
H Highly Related |
| |
|
|
| |
Program Outcomes and Competences |
Level |
Assessed by |
| 1) |
Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. |
N |
|
| 2) |
Demonstrates knowledge and skills in understanding the interactions of different areas of economics. |
H |
|
| 3) |
Displays a sound comprehension of microeconomic and macroeconomic theory.
|
H |
|
| 4) |
Applies economic concepts to solve complex problems and enhance decision-making capability. |
H |
|
| 5) |
Uses quantitative techniques to analyze different economic systems.
|
N |
|
| 6) |
Applies theoretical knowledge to analyze issues regarding Turkish and global economies. |
N |
|
| 7) |
Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. |
N |
|
| 8) |
Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
|
N |
|
| 9) |
Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. |
S |
|
| 10) |
Exhibits individual and professional ethical behavior and social responsibility. |
S |
|
| 11) |
Displays learning skills necessary for further study with a high degree of autonomy |
N |
|
| Prepared by and Date |
FIRAT BİLGEL , November 2023 |
| Course Coordinator |
FIRAT BİLGEL |
| Semester |
Spring |
| Name of Instructor |
Prof. Dr. FIRAT BİLGEL |
Course Contents
| 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 and The American Model |
| 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 |
Information Package / Course Catalogue