INTERNATIONAL FINANCE | |||||
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 Fall |
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) | To correctly identify the problems and to be able to ask the correct questions | 2 |
2) | To have the ability for problem solving and to utilize analytical approach in dealing with the problems of finance | 1 |
3) | To understand and grasp the full details of theoretical arguments and counter arguments | 2 |
4) | To be fully prepared for a graduate study in finance and to have lifelong learning awareness | 2 |
5) | To be able to apply theoretical principles of finance to the realities of practical business life | 1 |
6) | To develop solutions for managerial problems by understanding the requirements of international financial markets | 2 |
7) | To think innovatively and creatively in complex situations | 3 |
8) | To be able to make decisions both locally and internationally by knowing the effects of globalization on business and social life | 2 |
9) | To have the competencies of the digital age and to use the necessary financial applications | 2 |
10) | To be able to use at least one foreign language both for communication and academic purposes | 1 |
11) | To understand the importance of business ethics and to take decisions by knowing the legal and ethical consequences of their activities in the academic world and business life | 2 |
12) | To develop an objective criticism in business and academic life and having a perspective to self-criticize | 2 |