PHI5264 Economic management in healthcare
Faculty of Medicine, Nursing and Health Sciences
PHI5264 Economic management in healthcare is a level 5, 6-credit-point, postgraduate unit from the Faculty of Medicine, Nursing and Health Sciences. It isn't offered in 2023. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Other periods
- Indonesia
- Assessment
- No exam
- 4 tasks
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before PHI5264
Prohibitions
You can't enrol if you have passed any of these.
After PHI5264
No unit lists PHI5264 as a prerequisite in the 2023 handbook.
Enrolment rules
Must be enrolled in a PG Indonesia degree
Equivalent units
The same content under another code. Only one of them counts.
Overview
The complexities of care delivery in the ever-evolving world of health services has never been more challenging or significant; healthcare managers need fluency in health economics, because healthcare delivery and funding are inexorably linked. The ability to evaluate cost effectiveness of transforming care practices has become essential as government funding for health is increasingly interpreted as funding quality outcomes.
In this unit you will explore concepts of resource allocation and will analyse and compare funding for competing health needs. It will investigate the production of health care and services within an economic framework, incorporating/cementing this knowledge with case studies. It will also include critical analysis of the impact of innovation and how this is incorporated into current health care funding, utilising systematic methods and evidence-based medicine in the form of economic evaluations and their application.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Monash Indonesia term 2 | Indonesia | Block on |
| Monash Indonesia term 3 | Indonesia | Block on |
| Monash Indonesia term 4 | Indonesia | Block on |
Assessment
- Critical reflections (2400 words)Threshold hurdle40%
- Critical appraisal checklistCompetency hurdle5%
- Critical appraisal reflection (1200 words)20%
- iSAP case study (1600 words)35%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Categorise the funding impacts of the Australian healthcare system in the context of service delivery.
- 2
Apply principles of health economics to the allocation of resources within health care.
- 3
Appraise and interpret economic production function for healthcare, and how service delivery is structured around economic production and innovation.
- 4
Analyse and evaluate resource allocation in healthcare and the use and role of economic evaluations in decision-making.
- 5
Critically appraise peer-reviewed published economic evaluations in order to apply the evidence to healthcare.
Workload and teaching
- Teaching approachActive learning
For full details of the teaching approach to this unit, please refer to Moodle.
Learning resources
Required resources
See Moodle for details about required resources.
Contacts
- Chief Examiners
- Professor Dragan Ilic
- Unit Coordinators
- Assistant Professor Gabriela Fernando
Common questions
What are the prerequisites for PHI5264?
PHI5264 has no prerequisites, but enrolment rules apply.
When is PHI5264 offered?
PHI5264 has no offerings listed in the 2023 handbook.
Does PHI5264 have an exam?
No. PHI5264 has 4 assessment tasks and no exam.