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ECC4870 - Health economics

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate, Postgraduate Faculty of Business and Economics

Leader: Professor Jeff Richardson and Ms Jenny Watts


Clayton First semester 2007 (Day)


A survey of theoretical issues in the economics of health systems and the major health policy issues confronting Australia. Emphasis is given to theories which differ from economic orthodoxy. Topics include market characteristics; market failure and regulation; equity and issues of social justice; demand analysis and human capital; the production of health and health care; theories of price formation; hospital models and hospital payment; optimal health insurance; and alternatives to Medicare.


Written (2000-word essay): 20%
Tutorial assignments: 20%
Examination (3 hours): 60%

Contact hours

3 hours per week