eco3hec health economics



Not currently offered

Credit points: 15

Subject outline

In this subject, students will learn how to use microeconomic techniques to analyse various issues related to health and health care. These techniques will be used to analyse some of the major issues confronting the Australian health care system. The topics that might be covered include trends in population health and expenditure on health care, the nature of the commodity health care, health care as an input in the production of good health, the demand for health care and its relationship with the demand for health insurance, the supply of health care, the financing of health care, agency issues in health care and the regulation of health care, as well as the use of cost-benefit analysis and cost-effectiveness analysis in health economics.

SchoolLa Trobe Business School

Credit points15

Subject Co-ordinatorPeter Sivey

Available to Study Abroad StudentsYes

Subject year levelYear Level 3 - UG

Exchange StudentsYes

Subject particulars

Subject rules



Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditionsN/A

Learning resources


Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsTo be advisedPrescribedTo be advisedTo be advised

Graduate capabilities & intended learning outcomes

01. Summarise the effects of economic variables on health at the individual and economy-wide levels

Lectures and tutorials

02. Analyse imperfections in the market for health insurance leading to its underprovision

Lectures and tutorials

03. Analyse imperfections in the market for health care leading to its overprovision

Lectures and tutorials

04. Use economic models to predict the effect of financial incentives for healthcare providers

Lectures and tutorials

05. Critically evaluate the need for government to intervene to provide equitable access to health care

Lectures and tutorials

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