UnitLevel 5Postgraduate

HEC5981 The business of health

Faculty of Business and Economics

HEC5981 The business of health is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 2 at Caulfield. It has no prerequisites.

Credit points
6
Offered in 2023
Semester 2
Caulfield
Assessment
No exam
1 task
Workload
144 hours
per semester

This is the 2023 handbook entry. See the 2027 entry.

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Overview

This unit introduces you to the economic forces that shape the health system. It takes a data-driven approach to understanding the motivation of economic actors and characterising their behaviour under different incentives, market structures and system designs. It will equip you with an analytical framework for strategic decision making in healthcare markets.

Offerings in 2023

Teaching periodCampusMode
Second semesterCaulfieldOn campus

Assessment

  • Within semester assessment
    100%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    understand organisation and delivery of health services from an economic perspective

  2. 2

    understand  the motivation and behaviour of actors in the health system

  3. 3

    analyse and critically appraise  economic issues in design of health care systems

  4. 4

    analyse the effect of incentives and regulation on investment and the supply of health care services and products

Workload and teaching

  • Tutorials24 hours
  • Seminars24 hours
  • 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. 

This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.

Where it fits

HEC5981 is part of 1 area of study in the 2023 handbook.

Contacts

Chief Examiners
Dr Johannes Kunz

Common questions

What are the prerequisites for HEC5981?

HEC5981 has no prerequisites.

When is HEC5981 offered?

In 2023, HEC5981 runs in Semester 2 at Caulfield.

How much work is HEC5981?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does HEC5981 have an exam?

No. HEC5981 has 1 assessment task and no exam.

Which majors and minors include HEC5981?

HEC5981 is part of Economics and health.

More details

Credit points
6
Level
5
Study level
Postgraduate
Faculty
Faculty of Business and Economics
Organisational unit
Centre for Health Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 4
Study abroad
Not available
Handbook years
20232024202520262027