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Courses » Economics of Health and Health Care

Economics of Health and Health Care

ABOUT THE COURSE:

When I was doing my doctoral research in the area of Health Eonomics several people asked me that What does this Economics in Healthcare mean?” Health economics or Economics of Healthcare is a discipline of economics which is concerned with the association between health status and the related resources assessing the value, behavior, efficiency and effectiveness of various stakeholders in the production and consumption of healthcare. Pertaining to several factors Health Economics has not been studied well in India or in many other developing countries, unike the developed economies. 

Learning Objectives:
1. To provide the students a broad understanding about the fundamental economic concepts in the area of health, health care and health policy. 
2. To equip students with economic theories and logics in order to analyze the behavior of different economics agents at the individual, household, community and institutional (government and non-governmental) levels within the healthcare market frameworks.
3. To help them to build rationale and strategies based on the economic valuation of healthcare system and the measurement of efficiency level. 
4. To learn about the shortcomings of a lowly developed economy to attain best health status and the health and development nexus. 
5. To understand the healthcare financing mechanism and its evolution.

Important For Certification/Credit Transfer:

Weekly Assignments and Discussion Forum can be accessed ONLY by enrolling here

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Note: Content is Free!

All content including discussion forum and assignments, is free


Final Exam (in-person, invigilated, currently conducted in India) is mandatory for Certification and has INR Rs. 1100 as exam fee.


INTENDED AUDIENCE: Post-graduate students

CORE/ELECTIVE: Elective.

UG/PG: PG Course.

PREREQUISITES: NIL.

INDUSTRY SUPPORT: Public Health Organizations, Hospitals, Allied Healthcare Providers, Pharmaceutical companies, NGO.

1266 students have enrolled already!!

ABOUT THE INSTRUCTOR:

  

Dr. Angan Sengupta is an Assistant Professor with the Dept. of Management, Amrita Vishwa Vidyapeetham, Bangalore campus. He has done his PhD in the area of Health Economics and Policy from Maastricht University, The Netherlands. He has post-graduation degrees in Economics from Calcutta University and in Population Studies from International Institute for Population Sciences (IIPS), Mumbai. He has garnered corporate experience working with A.C. Nielsen ORG-MARG, while his research and teaching experience includes various institutes and organizations like, International Institute for Applied Systems Analysis (IIASA), Austria, Indian Institute of Management, Bangalore, Institute of Health Management Research, Bangalore. Dr. Sengupta has worked on various large scale implementation and M&E surveys. Dr. Angan is a recipient of ICSSR doctoral fellowship as well as UGC NET-Junior Research Fellowship. He also earned a fellowship from TIFAC, Ministry of Science and Technology, Govt. of India to conduct a research as a Young Summer Scientist in IIASA, Austria. He has presented research papers in several national and international conferences and public seminars and also published scientific papers in highly reputed national and international journals.
His research interests include Population and Health Economics, Economics of Ecology and Natural Resources, Statistics, Demography, and Epidemiology.


COURSE LAYOUT:

Week 1 : Introduction, Consumer Behaviour, Demand and Supply
Week 2 : Elasticity of demand and supply, Theory of Production
Week 3 : Theories of Cost and Grossman’s Demand for Healthcare 
Week 4 : Market Imperfections, Healthcare Financing
Week 5 : Health Insurance
Week 6 : Impact Evaluation, Social Determinants of Health
Week 7 : Economic Externalities, Public and Private Goods
Week 8 : Population, Health and Development

SUGGESTED READING MATERIALS:

• Stephen Morris, Nancy Devlin, David Parkin. Economic Analysis in Health Care. John Wiley & Sons
• Folland, Goodmand, and Stano (FSG). The Economics of Health and Health Care. 5th Edition. Pearson Prentice Hall Press
• Jay Bhattacharya, Timothy Hyde, Peter Tu. Health Economics. Palgrave MacMillan.

Additional study materials related to each topic will be shared during the respective sessions. 

Journals of Interest for Health Economists
Journal of Health Economics; Health Economics; Health Economics Policy and Law; Journal of Public Health Policy; Health Policy and Planning; The European Journal of Health Economics; International Journal of Health Care Finance and Economics; Applied Health Economics; Health Policy; Social Science & Medicine; Pharmacoeconomics; Health Services Research; Journal of Health, Politics, Policy and Law; Health Affairs.
CERTIFICATION EXAM :
  • The exam is optional for a fee.
  • Date of Exams : October 28,2018 (Sunday).
  • Time of Exams : Morning session 9am to 12 noon; Afternoon session: 2pm to 5pm
  • Exam for this course will be available in both morning & afternoon sessions.
  • Registration url: Announcements will be made when the registration form is open for registrations.
  • The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published.
CERTIFICATION:
  • Final score will be calculated as : 25% assignment score + 75% final exam score
  • 25% assignment score is calculated as 25% of average of Best 6 out of 8 assignments.
  • E-Certificate will be given to those who register and write the exam and score greater than or equal to 40% final score. Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Kanpur.It will be e-verifiable at nptel.ac.in/noc.