The Postgraduate Certificate in Health Economics for Health Care Professionals aims to provide you with the basic principles and tools of health economics so that you can understand the work place situations you encounter from an economic perspective and apply basic economic concepts in your work.
The programmes are based around learning 'modules', which last for approximately 12 weeks and which comprise five or six individual study 'units'. Modules are weighted at 20 'credits', where one credit equates to approximately 10 hours of study time.
The Postgraduate Certificate involves studying and completing three compulsory modules.
Basic Economic Concepts
Runs September - December each year
Author: Martin Forster. Contributions from Tony Culyer and Alan Williams
The module introduces the basic concepts of economics and why they are relevant to the study of health and health care. The module covers scarcity and choice, opportunity cost, average and marginal cost, supply and demand, consumer and producer surplus, different types of market, and decision making under uncertainty.
Health Economics: Concepts and Analysis
Runs January - March each year
Author: Andrew Jones. Contributions from Tony Culyer, Antonella Morga, Rowena Jacobs, Laura Bojke, Helen Weatherly, Katja Grasic, James Lomas and Martin Forster.
The module introduces the concepts, models and methods that are used by health economists to analyse health care systems. Topics covered include the demand and supply of health care, provider reimbursement and equity in health care provision.
Introduction to Health Care Evaluation
Runs April - June each year
Authors: Mike Drummond and Trevor Sheldon
The module introduces the basic methods of economic evaluation and critical appraisals of published studies. Topics include the forms of economic evaluation (e.g. cost-minimisation analysis, cost-effectiveness analysis, cost-utility analysis, cost-benefit analysis) and how to evaluate the strengths and weaknesses of studies and study design.
Module 1 is classed as being one level below a Master’s-level module and aims to provide grounding in basic economic concepts. It is marked on a pass/fail basis. Any students not scoring 50% or more in the Module 1 exam will not receive the award of Postgraduate Certificate. There is an opportunity for reassesment under certain circumstances.
The Postgraduate Certificate can be completed in a minimum of one academic year and, normally, a maximum of two.
Each module is taught once per year. The programme starts in September.