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Health Economics 2017/2018

  • 5 ECTS
  • Taught in Portuguese
  • Continuous Assessment

Objectives

At the end of this course the students should be able to: (i) analyze the reality of the Health Sector in Portugal in terms of the Health Economics and identify their problems and possible solutions; (ii) Understand the concepts and tools of microeconomics and applied issues related to the demand and supply of health care; (iii) know how to use the techniques of economic evaluation and (iv) understand the growing importance played by the insurance sector in health and government intervention

Recommended Prerequisites

Knowledge of microeconomics and basic mathematics

Teaching Metodology

The methodology adopted is the type expositive-active, using simultaneously the means, expository and interrogative. During classes and in order to stimulate the thinking of students, the teacher uses teaching techniques such as oral communication, demonstration, raising questions and case studies. The theoretical component will be solidified with the realization of individual works

Body of Work

1. Introduction
1.1. The relevance of the economy in the health sector
1.2. Short description of the Portuguese NHS with macroeconomic data analysis
1.3. Microeconomic tools in health economics
2. The market for goods and services in Health - Specificities of the health sector
2.1. The demand of goods and services in healthcare
2.1.1. Grossman approach
2.1.2. Consumer theory approach
2.2. The provider and the offer
3. Economic evaluation in health
4. Demand and Supply of Health Insurance
5. Role of the State in the healthcare market

Recommended Bibliography

- Barros, P. (2013). Economia da Saúde - Conceitos e Comportamentos. 2nd ed. Edições Almedina
-Culyer, A.; Newhouse, J. (2003) – Handbook of Health economics. Elsevier. Amsterdan
- Folland S., Goodman A., Stano M. (2008). A economia da saúde, 5ª ed. Bookman
- Folland S., Goodman A., Stano M. (2016). The economics of health and health care, 6nd Edition, Prentice Hall
- Phelps, C. (2012) Health Economics 5th edition. Addisson Wesley

Complementary Bibliography

- Bhattacharya, J.; Hyde, T.; Tu, P. (2013) – Health Economics – Palagrave Macmillan.
- McGuire, A.; Henderson, J.; Mooney, G. (1988) - The economics of health care: An introductory text – Routledge & Kegan Paul. London. New York
- Pereira, J. (2004) Economia da Saúde: Glossário de termos e conceitos. Documento de trabalho 1/93 (4ª Edição). APES, Lisboa.

Weekly Planning

Weeks 1-2 - cap 1. Introduction
Weeks 3 - 7 - cap 2. The market for goods and services in Health - Specificities of the health sector
Weeks 8 - 10 - cap 3. Economic evaluation in health
Weeks 11-12 - cap 4. Demand and Supply of Health Insurance
Weeks 13 - 15 - cap 5. Role of the State in the healthcare market

Demonstration of the syllabus coherence with the curricular unit's objectives

The syllabus was defined to enable students to acquire knowledge that allows them to reach the different objectives. In particular, the contents of chapter 1 are intended to achieve the first objective, while the contents of chapters 2 and 3 are intended to achieve objectives 2 and 3, respectively. Program content 4 and 5 are intended to achieve the 4th goal.

Demonstration of the teaching methodologies coherence with the curricular unit's objectives

The theoretical exposition of syllabus together with real and current exemplifications allows students to recognize the importance of subjects, mainly analyze critically the reality of the Health Sector in Portugal; understand the application of microeconomics instruments to issues related to the demand and supply of health care; know how to use economic valuation techniques and understand the growing importance of health insurance and government intervention.

relevant generic skillimproved?assessed?
Achieving practical application of theoretical knowledgeYesYes
Analytical and synthetic skillsYesYes
Event organization, planning and managementYesYes
Foreign language proficiencyYesYes
Problem Analysis and AssessmentYesYes
Written and verbal communications skillsYesYes
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