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Unit (2020)

Information on this page, including unit offerings, is from the 2020 academic year.

Health Economics and Finance (SWM518)

Organisational Unit Business
Credit Points 3
Availability MURDOCH: S1-internal (quota of 150 places), S1-external, S2-internal (quota of 150 places), S2-external
FTLEARN: FTL2-online
Teaching Timetables Murdoch S1
Murdoch S2
Description This unit introduces students to key conceptual frameworks and principles of health care economics and health care financing. It examines how both Australian and international health care systems are financed and funded. The unit will examine the core theories of supply and demand in health care, including the importance of information (and information asymmetry), the critical role of insurance, hospital financing and delivery, long-term care organisation, pay-for-performance schemes, and private/public mix in finance and provision of health care.
Unit Learning Outcomes By the end of the course the student should be able to:
ULO 1 Analyse the economic complexities of health and health care relevant for health policy and management;
ULO 2 Identify the key economic trade-offs implied in different healthcare allocation problems, and analyse their implications;
ULO 3 Critically examine the economic reasons behind trends in health care system development;
ULO 4 Critically discuss the way different health systems address these fundamental trade-offs;
ULO 5 Apply economic and statistical tools to concrete health economics issues that arise in the work place;
ULO 6 Critically evaluate a research design used to identify the effects of a health financing policy.
ULO 7 Link different policy recommendations to specific types of market failure;
ULO 8 Apply analytical skills to interpret, analyse and synthesise data from a variety of sources and communicate information effectively.
Unit Learning Experiences The principal method of learning is through discussion, analysis and, workshop and problem-based learning approaches. Teaching approaches are oriented towards adult learning principles. The quality of the learning experience expected to be gained by each participant is dependent not only on the design of the unit and conduct of lecture sessions, but also on contributions to class discussions, the pre-session activities and individual participants' commitment to the discovery of knowledge manifest through participation in classroom activities.
Other Learning Experiences Students will then complete research assignments independently, in consultation with teaching staff.
Assessment 1. Essay (maximum 3000 words) - 35%
2. Presentation - 10 mins followed by 5 minute Q&A and discussion - 25%
3. Article Critique (maximum 1500 words) - 25%,
4. Class participation 15%
Prerequisites Enrolment in a graduate-level award.
Quota This unit is subject to quota. The rationale for the quota is based on enrolment projections (current and new students) and workload capacity No admission requirements; students will be accepted until the quota is full.
Appears in these Courses/Majors:
see individual structures for context
Graduate Certificate in Health Administration, Policy and Leadership (GCHAPL) [New in 2015]
Graduate Certificate in One Health (GradCertOneHealth)
Master of Business Administration (Global) (MBA(Global))
Master of Development Studies (MDS)
Master of Health Administration, Policy and Leadership (MHAPL) [New in 2016]
Master of International Affairs and Security (MIAS)
Master of Public Policy and Management (MPPM)
Internet Access RequirementsMurdoch units normally include an online component comprising materials, discussions, lecture recordings and assessment activities. All students, regardless of their location or mode of study, need to have access to and be able to use computing devices with browsing capability and a connection to the Internet via Broadband (Cable, ADSL or Mobile) or Wireless. The Internet connection should be readily available and allow large amounts of data to be streamed or downloaded (approximately 100MB per lecture recording). Students also need to be able to enter into online discussions and submit assignments online.


Unit Coordinator
Dr Khurshid Alam
Associate Professor

Murdoch Campus
t: 9360 6464
e: khurshid.alam@murdoch.edu.au
o: 512.2.022 - Murdoch Business School, Murdoch Campus
Unit Contacts

MURDOCH: S1-External
MURDOCH: S1-Internal
Dr Khurshid Alam
Associate Professor

Murdoch Campus
t: 9360 6464
e: khurshid.alam@murdoch.edu.au
o: 512.2.022 - Murdoch Business School, Murdoch Campus

MURDOCH: S2-Internal
MURDOCH: S2-External
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