Economics and Management in Healthcare
Keywords |
Classification |
Keyword |
OFICIAL |
Economics |
Instance: 2022/2023 - 1S ![Requerida a integração com o Moodle Ícone do Moodle](/fep/pt/imagens/MoodleIcon)
Cycles of Study/Courses
Teaching language
Portuguese and english
Objectives
The course provides students with a set of specific economic methods that enables them to understand the health system in general, and, in particular, the operation of health care providers. The course also provides an introduction to management models of healthcare providers.
Learning outcomes and competences
On successful completion of this course, students should be able to:
1. Identify the factors determining the demand for, and the supply of, healthcare;
2. Identify different forms of public intervention in healthcare and compare health systems;
3. Apply economic principles to understand the behavior of agents in healthcare;
4. Understand the different financing and payment systems in healthcare and their incentives;
5. Discuss the main evaluation techniques applied in healthcare and interpret the results of economic evaluation studies.
Working method
Presencial
Program
1. Introduction
1.1. Management and Health Economics
1.2. Healthcare firms and the economy
1.3. Health Systems and Policies
2. Uncertainty and Imperfect Information in Healthcare Markets
2.1. Adverse selection and moral hazard
2.2. Monopoly and asymmetric information
2.3. Supplier-induced demand
2.4. Small area variations
3. Health financing
3.1. Health expenditures and income
3.2. Trends in health expenditures
3.3. Health expenditures and ageing
3.4. Health systems financing
4. Health production and demand for health
4.1. The production of health
4.2. Production factors in healthcare
4.3. The demand for health and the demand for healthcare
4.4. Demand curve for healthcare
5. Management of healthcare providers
5.1. Payment systems
5.2. Hospital management
5.3. Primary care
6. Economic evaluation in health
6.1. Introduction to economic evaluation in health
6.2. Types of economic evaluation
6.3. QALYs and DALYs
6.4. The monetary value of health
6.5. Economic evaluation as a framework for choice
7. Pharmaceutical markets
7.1. The pharmaceutical industry
7.2. Innovation, clinical trials, and patents
Mandatory literature
Pedro Luís Pita Barros;
Economia da saúde. ISBN: 978-972-40-7571-6
Complementary Bibliography
Bhattacharya Jay;
Health economics. ISBN: 978-1-137-02996-6
Sherman Folland;
The^economics of health and health care. ISBN: 978-1-138-20805-6
Teaching methods and learning activities
Lectures with practical applications, in which the concepts and models of economic analysis are presented and examples and cases are discussed. Classes are conducted in order to maximize the exchange of ideas.
Evaluation Type
Distributed evaluation without final exam
Assessment Components
Designation |
Weight (%) |
Teste |
60,00 |
Trabalho escrito |
40,00 |
Total: |
100,00 |
Amount of time allocated to each course unit
Designation |
Time (hours) |
Estudo autónomo |
42,00 |
Frequência das aulas |
39,00 |
Total: |
81,00 |
Eligibility for exams
Distributed evaluation:
Individual assignment (40%) and test, to be held on the date of the final exam (60%).
OR
Final Exam
Calculation formula of final grade
Distributed evaluation:
Individual assignment (40%) and test, to be held on the date of the final exam (60%).
OR
Final Exam
Classification improvement
Only with the final exam.
Observations
One of the classes will be taught in Portuguese and the other one in English.