Health economics l

  • Prof. Dr. Katharina Blankart , MBR
Winter Semester 2020/2021
Wednesdays, 8:30 - 10:00 (online, specific schedule will be provided via Moodle)
Lecture in Moodle
Lecture in LSF


Requires enrollment via LSF!

The course requires a good knowledge of microeconomics. In addition, students should be familiar with regression analysis.

The course provides an overview of the economics of health and health care. We use microeconomic methods to analyze how decisions are taken by actors in the health care system. The aim of the course is to provide the economic analytical tools needed to inform public policy debates about health and health care. We will examine a number of important policy issues, e.g., the consequences of ageing and the regulation of health insurance markets. We will also discuss lastest empirical evidence that allows making causal statements about the effectiveness of policies and health care system desing. This includes discussion of the impacts of the Covid-19 pandemic. The course is structured into 9 Sections:
Section 1: Introduction
Section 2: How to measure health and quality of health care
Section 3: Possible market failures in the health care sector
Section 4: The impacts of individuals as producers of their own health
Section 5: Market failures when offering health insurance
Section 6: Individual risk and the demand for insurance
Section 7: The supplier-induced-demand hypothesis
Section 8: How providers react to different reimbursement schemes (Economic contract theory)
Section 9: The pharmaceuticals market

Additional information can be found here.


The course is based on

Zweifel, P., F. Breyer and M. Kifmann. Health Economics, 2nd edition. Springer, New York et al., 2009.

Useful reference books are

Culyer, A. Encyclopedia of Health Economics. Elsevier, Oxford. 2014.

Culyer, A. and J. Newhouse (eds.). Handbook of Health Economics, Vol. 1A & 1B. North-Holland, Amsterdam, 2000.

Pauly, M.V., McGuire, T.G. and Pita Barros, P. (eds.). Handbook of Health Economics, Vol. 2. North-Holland, Amsterdam, 2012.

Glied, S. and P.C. Smith (eds.). The Oxford Handbook of Health Economics. Oxford University Press, Oxford, 2011.

Jones, A.M. (ed.). The Elgar Companion to Health Economics, 2nd edition. Edward Elgar, Cheltenham, 2012.

Folland, S., Goodman, A.C. & Stano, M., 2014. The economics of health and health care 7. ed., new internat. ., Harlow, Essex: Pearson.