ECC3720 Health economics
Faculty of Business and Economics
ECC3720 Health economics is a level 3, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 at Clayton. It needs ECC2000.
- Credit points
- 6
- Offered in 2027
- Semester 1
- Clayton
- Assessment
- Exam 50%
- and 2 other tasks
- Workload
- 144 hours
- per semester
Reviews
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Requisites
Before ECC3720
Prerequisites
Pass these before you enrol.
After ECC3720
No unit lists ECC3720 as a prerequisite in the 2027 handbook.
Enrolment rules
To be successful in this unit, background knowledge and application of maths is required at the equivalent of VCE Year 12 Higher level. You may have satisfied this by completing relevant prerequisite unit/s, or you have covered relevant topics in your final years of secondary study. You should self-assess your maths competency prior to enrolling in this unit.
Overview
In this unit, you will examine how individuals make decisions about their health, how health care markets operate, and why they often fail to deliver efficient outcomes. You will explore key topics such as the demand for health services, the role of health insurance, the behaviour of health care providers, and the impact of government policy. You will also study broader issues, including health inequalities, the economics of unhealthy behaviours, and the structure of Australia's health care system.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Project35%
- Demonstration15%
- Examination50%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand key economic principles and how they apply to the production, consumption, and financing of health care
- 2
analyse the causes and consequences of market failures in health care markets and assess the role of government intervention
- 3
evaluate the behaviour of health care providers and consumers, including how incentives and information influence decision-making
- 4
apply economic tools and concepts to critically assess health policies, insurance markets, and health care systems
- 5
understand, in broad terms, what health care systems look like in Australia and other countries.
Workload and teaching
- Applied sessions12 hours
- Workshops24 hours
- Teaching approachCase-based teaching
- Teaching approachActive learning
- Teaching approachEnquiry-based learning
- Teaching approachResearch activities
- Teaching approachProblem-based learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit engages you in enquiry-based learning, where you will be encouraged to use your own knowledge to develop and engage in a process of enquiry, study and research to identify areas to be investigated and an approach to doing so.
This unit allows you to develop your research skills by engaging in structured inquiry using a systematic approach and discipline-specific methodologies.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Where it fits
ECC3720 is part of 2 areas of study in the 2027 handbook.
Contacts
- Chief Examiners
- Anthony Niu
Common questions
What are the prerequisites for ECC3720?
You need ECC2000 before you enrol. Enrolment rules also apply.
When is ECC3720 offered?
In 2027, ECC3720 runs in Semester 1 at Clayton.
How much work is ECC3720?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC3720 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 2 other tasks.
Which majors and minors include ECC3720?
ECC3720 is part of Economics; and Economics and economic policy.
More details
- Credit points
- 6
- Level
- 3
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Available
- Handbook years
- 20262027