Title: Health Economics
Keywords: Resource management (in general)
Health economics
Country: Spain
Institution: Spain - Barcelona Institute for Global Health - University of Barcelona
Course coordinator: Dr. Elisa Sicuri
Date start: 2019-01-07
Date end: 2019-01-16
About duration and dates: Total 8 days. 7 working days face to face (14 sessions of 2 hours each), Face to face sessions from Monday to Thursday from 09:00 to 13:30 h, Students are asked to read recommended materials before face-to-face sessions.
Classification: advanced optional
Mode of delivery: Face to face
Course location:
University of Barcelona
Faculty of Medicine
C/ Casanova, 143
08036 Barcelona, Spain
ECTS credit points: 3 ECTS credits
75 hours
1. Hours of tutored projects and work (not face to face): 6 hours
2. Hours of independent study (not face to face and not tutored): 41 hours
3. Hour of face to face study: 28 hours (includes 2h exam)
Language: English
At the end of the module students should be able to:

• Apply the key economic concepts that affect health and healthcare interventions.
• Critically assess and apply economic tools to decision-making in health markets, and economic evaluation methods to healthcare interventions
Assessment Procedures:
Students in the course will be evaluated individually using the following assessment tools:

• Exercises: During the course, students will be asked to individually complete 6 exercises at home, one each day, and deliver a finalized copy the day after. Successfully completion of each exercise will represent 5% of the grade. In total, this section represents 30% of the final grade.

• Exam: A case study similar to the one used during the sessions will serve as reference text for the exam. Students will be able to read the case study and ask clarification questions to the teachers in advance. The day of the exam, students will have 2 hours to apply the concepts and tools of the course to the case study following a questionnaire provided onsite. This will represent 50% of the final grade.

• Participation: Students are expected to be proactive in the classroom, raising and answering questions, expressing opinions, giving examples and engaging in debates: this will represent up to 20% of the final grade.

Participation will be assessed as follows:
- 6 or less: minimum, disruptive, or no participation;
- 8: responds constructively to questions;
- 10: perceptive questions, active constructive and educational interaction with colleagues and instructor

Evaluation grades will be communicated within 15 days after the exam.

Students who fail to pass the exam and/or to complete the exercises, resulting, together with the participation score, in a grade

1. Key concepts of the Economics of health and healthcare:

• Opportunity Cost
• Production Possibilities Frontier
• Marginal cost and marginal utility
• Effectiveness and efficiency
• Supply and demand
• Elasticity

2. Market forms and market interventions:

• Market forms
• Conditions for perfect competition
• Market distortions and failures
• Interventions to correct market distortions and failures in healthcare

3. Economic evaluation of interventions in health and health care:

• Rational: the need of the economic evaluation of health and healthcare interventions
• Methods: description and discussion of cost-effectiveness, cost-utility, cost-minimization and cost-benefit.
• Tools: description and discussion of cost models and outcome measures.
• Measure of health improvement: DALYs & QALYs
• Cost-effectiveness analysis of health interventions
• Identification, assessment and critical synthesis of economic evaluations of global health interventions

4. Relevance and limitations of economic evaluations for decision-making in health interventions.
The course comprises 14 face-to-face sessions of 2 hours each. Every session includes a combination of lectures to address the main concepts and the use of a case study along the course. Each section of the case study will illustrate a problem related to the session contents that needs to be addressed by the students with the help of the teachers. At the end of each session teachers will summarize the theoretical explanations and practical tools that lie under each solution, as well as offering other examples to help understand and critically use them. At the end, students will review the entire case study together with teachers to clarify concepts and practice its application.

The course is structured in 3 steps: A) In the first step, through a case study students will apply key concepts of economics and its application to healthcare; they will then acquire economic skills to analyse how health markets work and how they can be intervened to correct deficiencies. B) In the second step, students will use the case study to critically appraise health interventions from a cost-effectiveness perspective. C) In the third step, based on the case study, students will assess the relevance and limitations of economic analysis and tools in healthcare decision-making.
English TOEFL test 550 or 213 computer-based or 79/80 internet-based or IELTS band 6.0.
Maximum of 35 students per course
Based on CV and motivation letter
480 € plus university taxes
Not available
tropEd accreditation:
Accredited in September 2015. This accreditation is valid until September 2020.
Email Address: nuria.casamitjana@isglobal.org
Date Of Record Creation: 2015-09-14 06:05:28 (W3C-DTF)
Date Of Record Release: 2015-09-14 10:30:52 (W3C-DTF)
Date Record Checked: 2018-06-10 (W3C-DTF)
Date Last Modified: 2018-06-10 15:50:02 (W3C-DTF)

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