HEC5979 Health economics
Faculty of Business and Economics
HEC5979 Health economics is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics. It isn't offered in 2024. It has no prerequisites.
- Credit points
- 6
- Offered in 2024
- Not offered
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2024 handbook entry. See the 2025 entry.
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Requisites
Before HEC5979
No prerequisites or corequisites besides the enrolment rules below.
After HEC5979
No unit lists HEC5979 as a prerequisite in the 2024 handbook.
Enrolment rules
You must be enrolled in course M6007 to undertake this unit.
Overview
This unit provides an understanding of the microeconomic approach to resource allocation, both in general and specifically, in relation to the health sector. It introduces you to the use of economic tools in the analysis of the 'market' for health care, in terms of efficiency and equity. It also provides an analytical framework for assessment of the Australian health care system, and health policy generally, from an economic perspective.
Offerings in 2024
The 2024 handbook lists no offerings for HEC5979.
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand basic microeconomic concepts and their application to the health sector
- 2
understand the role, limitations and usefulness of economic analysis and economics as a way of thinking, particularly when applied to the health care sector
- 3
understand the organisation and delivery of health services from an economic perspective
- 4
understand the Australian Health Care system from an economic perspective, including an analysis of the reasons for growth in expenditure.
Workload and teaching
- Teaching approachActive 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 engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Textbook: Olsen, J. A. (2017). Principles in Health Economics and Policy (2nd ed.). Oxford, England: Oxford University Press. (online access available via Monash Library)
Common questions
What are the prerequisites for HEC5979?
HEC5979 has no prerequisites, but enrolment rules apply.
When is HEC5979 offered?
HEC5979 has no offerings listed in the 2024 handbook.
How much work is HEC5979?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does HEC5979 have an exam?
No. HEC5979 has 1 assessment task and no exam.