When I was doing my doctoral research in the area of Health Eonomics several people asked me that What does this Economics in Healthcare mean?” Health economics or Economics of Healthcare is a discipline of economics which is concerned with the association between health status and the related resources assessing the value, behavior, efficiency and effectiveness of various stakeholders in the production and consumption of healthcare. Pertaining to several factors Health Economics has not been studied well in India or in many other developing countries, unike the developed economies.
Learning Objectives:
To provide the students a broad understanding about the fundamental economic concepts in the area of health, health care and health policy.
To equip students with economic theories and logics in order to analyze the behavior of different economics agents at the individual, household, community and institutional (government and non-governmental) levels within the healthcare market frameworks.
To help them to build rationale and strategies based on the economic valuation of healthcare system and the measurement of efficiency level.
To learn about the shortcomings of a lowly developed economy to attain best health status and the health and development nexus.
To understand the healthcare financing mechanism and its evolution.
INTENDED AUDIENCE
Post-graduate students
INDUSTRY SUPPORT
Public Health Organizations, Hospitals, Allied Healthcare Providers, Pharmaceutical companies, NGO.
ABOUT THE INSTRUCTOR
Prof. Angan Sengupta is an Assistant Professor with the Dept. of Management, Amrita Vishwa Vidyapeetham, Bangalore campus. He has done his PhD in the area of Health Economics and Policy from Maastricht University, The Netherlands. He has post-graduation degrees in Economics from Calcutta University and in Population Studies from International Institute for Population Sciences (IIPS), Mumbai. He has garnered corporate experience working with A.C. Nielsen ORG-MARG, while his research and teaching experience includes various institutes and organizations like, International Institute for Applied Systems Analysis (IIASA), Austria, Indian Institute of Management, Bangalore, Institute of Health Management Research, Bangalore. Dr. Sengupta has worked on various large scale implementation and M&E surveys. Dr. Angan is a recipient of ICSSR doctoral fellowship as well as UGC NET-Junior Research Fellowship. He also earned a fellowship from TIFAC, Ministry of Science and Technology, Govt. of India to conduct a research as a Young Summer Scientist in IIASA, Austria. He has presented research papers in several national and international conferences and public seminars and also published scientific papers in highly reputed national and international journals.His research interests include Population and Health Economics, Economics of Ecology and Natural Resources, Statistics, Demography, and Epidemiology.
Certification Process
1. Join the course
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COURSE ENROLMENT FEE: The Fee for Enrolment is Rs. 2000 + GST
2. Watch Videos+Submit Assignments
After enrolling, learners can watch lectures and learn and follow it up with attempting/answering the assignments given.
3. Get qualified to register for exams
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CRITERIA TO GET A CERTIFICATE
Assignment score = Score more than 50% in at least 6/8 assignments.
Exam score = 50% of the proctored certification exam score out of 100
Only the e-certificate will be made available. Hard copies will not be dispatched.”
4. Register for exams
The certification exam is conducted online with remote proctoring. Once a learner has become eligible to register for the certification exam, they can choose a slot convenient to them from what is available and pay the exam fee. Schedule of available slot dates/timings for these remote-proctored online examinations will be published and made available to the learners.
EXAM FEE: The remote proctoring exam is optional for a fee of Rs.1500 + GST. An additional fee of Rs.1500 will apply for a non-standard time slot.
5. Results and Certification
After the exam, based on the certification criteria of the course, results will be declared and learners will be notified of the same. A link to download the e-certificate will be shared with learners who pass the certification exam.
CERTIFICATE TEMPLATE
Course Details
Week 1: Introduction, Consumer Behaviour, Demand and Supply
Week 2: Elasticity of demand and supply, Theory of Production
Week 3: Theories of Cost and Grossman’s Demand for Healthcare
Week 6: Impact Evaluation, Social Determinants of Health
Week 7: Economic Externalities, Public and Private Goods
Week 8: Population, Health and Development
Books and References
• Stephen Morris, Nancy Devlin, David Parkin. Economic Analysis in Health Care. John Wiley & Sons
• Folland, Goodmand, and Stano (FSG). The Economics of Health and Health Care. 5th Edition. Pearson Prentice Hall Press
• Jay Bhattacharya, Timothy Hyde, Peter Tu. Health Economics. Palgrave MacMillan.
Additional study materials related to each topic will be shared during the respective sessions.
Journals of Interest for Health Economists
Journal of Health Economics; Health Economics; Health Economics Policy and Law; Journal of Public Health Policy; Health Policy and Planning; The European Journal of Health Economics; International Journal of Health Care Finance and Economics; Applied Health Economics; Health Policy; Social Science & Medicine; Pharmacoeconomics; Health Services Research; Journal of Health, Politics, Policy and Law; Health Affairs.
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