Health Economics

AY2023/2024 Semester 2

This course aims to study the basic principles of economics of health and healthcare. We will cover topics such as production of health, market for insurance and its issues such as adverse selection and moral hazard, and supply of physician and organization of hospitals and payments systems. Lastly we will cover recent issues in health economics such as role of health in economic development, persistent issues of high medical inflation, and behavioral aspects of health and sin-taxes. The course prepares you for a career in government (e.g. Ministry of Health, Ministry of Finance), private sector (policy think tanks and consultancies addressing and advising on organization of healthcare), and academia.