Lecture

Health economics I [Vorlesung]

Lecturer:
  • Prof. Dr. Katharina Blankart , MBR
Term:
Winter Semester 2019/2020
Time:
Mittwoch 08:30 – 12:00
Room:
Altendorder Str. 5-9, A-B07
Start:
16.10.2018
End:
15.01.2020
Language:
English
Moodle:
Lecture in Moodle

Description:

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. In Section 2, we discuss how to measure health and quality of health care. In section 3, we consider possible market failures in the health care sector. Section 4 considers individuals as producers of their health. In section 5 we analyze market failures when offering health insurance. One of key characteristics of health is risk and the demand for insurance which is analyzed in Section 6. In Section 7 and 8, we shift the focus to providers. We present and discuss the supplier-induced-demand hypothesis in Section 7. Economic contract theory is used in Section 8 to examine how providers react to different reimbursement schemes. Section 9 is dedicated to the market for pharmaceuticals.

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.

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

Outline:

 

Date

 
 

Outline

 
 

16.10.2019

 
 

1. Introduction to Health Economics

 
 

 
 

2. Economic Valuation of Life and Health

 
 

23.10.2019

 
 

3. Health Goods and Market Failures

 
 

06.11.2019

 
 

4. Demand for Health

 
 

20.11.2019

 
 

5. Health Insurance and Market Failure

 
 

04.12.2019

 
 

6. Optimal Health Insurance Contracts

 
 

18.12.2019

 
 

7. Physicians as Suppliers of Medical Services

 
 

08.01.2020

 
 

8. Provider Payment Systems

 
 

15.01.2020

 
 

9. The Market for Pharmaceuticals + Q&A

 

Literature:

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.

Methods of Assessment:

There will be a final exam at the end of the semester.