ECO3577 Health EconomicsBahçeşehir UniversityDegree Programs BANKING AND INSURANCE MANAGEMENT (TURKISH)General Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
BANKING AND INSURANCE MANAGEMENT (TURKISH)
Associate TR-NQF-HE: Level 5 QF-EHEA: Short Cycle EQF-LLL: Level 5

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ECO3577 Health Economics Fall 3 0 3 6
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Associate (Short 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.

Learning Outcomes

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.

Course Content

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.

Weekly Detailed Course Contents

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

Sources

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.

Evaluation System

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

ECTS / Workload Table

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

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) To have the ability to understand the basic concepts of Banking and Insurance and to be able to use them effectively in business.
2) To have the ability to work individually or in a team when needed on matters related to his/her profession and to follow and apply the developments in his/her sector.
3) To be equipped with the necessary knowledge to carry out the legal responsibilities and to follow the related regulations in their sector.
4) To understand the importance of banking and insurance from the point of the state’s economy and enterprises and to express this importance properly.
5) To be able to use the computer as well as the profession requires and to be able to do work, accumulate knowledge and to use this knowledge relevantly and effectively.
6) To make them gain the ability to find practical solutions for the problems of daily commercial activities and to take correct decisions.
7) To be able to take responsibilities in banking and insurance sector and more generally in the finance sector and to be qualified to start his/her own business after the legal requirements have been met.
8) To have the competency to carry out the accountancy related to banking and insurance.
9) To have the competency to build effective customer relations and to have effective communication and persuasion skills.
10) To be able to determine the accumulated knowledge druring the education in line with the cause and effect relations and to be able to have the necessary professional qualifications to know where, when and how to use his/her knowledge.