BUSINESS ADMINISTRATION | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ECO3577 | Health Economics | Spring | 3 | 0 | 3 | 6 |
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
Language of instruction: | English |
Type of course: | Non-Departmental Elective |
Course Level: | Bachelor’s Degree (First Cycle) |
Mode of Delivery: | Hybrid |
Course Coordinator : | Assoc. Prof. ÇAĞLAR YURTSEVEN |
Recommended Optional Program Components: | None |
Course Objectives: | The aim of this course is to provide basic knowledge about the fields related to health economics. Further, analysing and solving the problems encountered in the health sector from an economic point of view the other aim of the course. |
The students who have succeeded in this course; 1. Know the basic concepts and subjects of health economics, 2. Gain the ability to research the health economics literature in detail within the framework of the course content, 3. Apply the basic tools and techniques of microeconomics to the health market, 4. Learn the basic factors affecting the supply and demand of health services, 5. Evaluate the economic dimension of health policies and reforms. |
After learning basic concepts of health economics, the structure of health economics and its supply and demand will be introduced. At the same time, financing of health services, health-related policies and the role of the state will be discussed throughout the semester. |
Week | Subject | Related Preparation |
1) | Basic Concepts and Micro Economic Tools | Chapter 1, Health Economics |
2) | Basic Concepts and Micro Economic Tools | Chapter 1, Health Economics |
3) | Health Economics and Statistical Methods | Chapter 2, Health Economics |
4) | Health Economics and Statistical Methods | Chapter 2, Health Economics |
5) | Production Function of Health | Chapter 2 & 3, Health Economics |
6) | Demand and Price in Health Services | Chapter 4, Health Economics |
7) | Midterm | |
8) | Demand and Income in Health Services | Chapter 4, Health Economics |
9) | Applications of Demand in Health Services | Chapter 5, Health Economics |
10) | Supply and Price in Healthcare: Cost of Production Process and Efficiency | Chapter 6 & 7, Health Economics |
11) | Supply and Price in Healthcare: Technology, Quality and Accesibility | Chapter 8 & 9, Health Economics |
12) | Healthcare Financing | Chapter 10, Health Economics |
13) | Health Economics and Health Policies | Chapter 11, Health Economics |
14) | The Role of the State and the Market in Health Sector | Chapter 12, Health Economics |
Course Notes / Textbooks: | Health Economics, Charles E. Phelps, Addison Wesley; 5th edition (2012). Pearson Press |
References: | Health Economics, Second Edition by Frank A. Sloan and Chee-Ruey Hsieh. The MIT Press, 2016. The Handbook of Health Economics, Anthony J. Culyer and Joseph P. Newhouse, eds., Elsevier Science, 2000. |
Semester Requirements | Number of Activities | Level of Contribution |
Midterms | 1 | % 40 |
Final | 1 | % 60 |
Total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 40 | |
PERCENTAGE OF FINAL WORK | % 60 | |
Total | % 100 |
Activities | Number of Activities | Duration (Hours) | Workload |
Course Hours | 14 | 3 | 42 |
Study Hours Out of Class | 14 | 7 | 98 |
Midterms | 1 | 3 | 3 |
Final | 1 | 3 | 3 |
Total Workload | 146 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Being able to identify problems and ask right questions | 3 |
2) | Having problem solving skills and developing necessary analytical attitude | 4 |
3) | Comprehending theoretical arguments along with counter arguments in detail | 4 |
4) | Gaining awareness of lifelong learning and being qualified for pursuing graduate education | 2 |
5) | Applying theoretical concepts in project planning | 3 |
6) | Communicating efficiently by accepting differences and carrying out compatible teamwork | |
7) | Increasing efficiency rate in business environment | 3 |
8) | Developing innovative and creative solutions in face of uncertainty | 3 |
9) | Researching to gather information for understanding current threats and opportunities in business | 3 |
10) | Being aware of the effects of globalization on society and business while deciding | 3 |
11) | Possessing digital competence and utilizing necessary technology | 2 |
12) | Communicating in at least one foreign language in academic and daily life | 3 |
13) | Possessing managing skills and competence | |
14) | Deciding with the awareness of the legal and ethical consequences of business operations | |
15) | Expressing opinions that are built through critical thinking process in business and academic environment | 3 |