Health Economics
In the health care system, health care resources are scarce to meet all the health needs that people have, so we have to choose which needs are met and which are not met. Economics suggests that scarcity and the resulting necessity to choose are ubiquitous and unavoidable.
This observation leads to crucial fundamental economics concept, which is opportunity cost. Health Economics is an applied field of study that allows individuals and societies for the systematic and rigorous examination of the problems faced in promoting health for all. It is about optimization of health relative to other activities and making choices to employ resources in a way that improves health status and service delivery within the limited resources available.
Health economics apply the theories of production, efficiency, disparities, competition, and regulation to better inxxform the public and private sector on the most efficient, cost-effective, and equitable course of action for promotion, maintenance and improvement of health for all.
This observation leads to crucial fundamental economics concept, which is opportunity cost. Health Economics is an applied field of study that allows individuals and societies for the systematic and rigorous examination of the problems faced in promoting health for all. It is about optimization of health relative to other activities and making choices to employ resources in a way that improves health status and service delivery within the limited resources available.
Health economics apply the theories of production, efficiency, disparities, competition, and regulation to better inxxform the public and private sector on the most efficient, cost-effective, and equitable course of action for promotion, maintenance and improvement of health for all.
By the end of this course students will be able to:
1. Understand fundamental economic concepts
2. Fundamental concept about Health System in Egypt.
3. Describe the application of basic economic principals to health care .
4. Define importance of efficiency, equity, opportunity cost .
5. Recognize factors determining the growth of health care spending and introduction to the concept of cost containment .
6. Define principles of universal health coverage .
7. Understand the uses of economic evaluation in health system .
8. Differentiate between transverse versus vertical equity and their link to Universal Health Coverage.
9. Compare between different health insurance systems concerning their advantages and disadvantages and to evaluate which system could be more applicable in Egypt.
Assessment is through an end of year assignment.
The course is an online course without limitations of number.
2. Fundamental concept about Health System in Egypt.
3. Describe the application of basic economic principals to health care .
4. Define importance of efficiency, equity, opportunity cost .
5. Recognize factors determining the growth of health care spending and introduction to the concept of cost containment .
6. Define principles of universal health coverage .
7. Understand the uses of economic evaluation in health system .
8. Differentiate between transverse versus vertical equity and their link to Universal Health Coverage.
9. Compare between different health insurance systems concerning their advantages and disadvantages and to evaluate which system could be more applicable in Egypt.
Assessment is through an end of year assignment.
The course is an online course without limitations of number.