Module Catalogue 2016/17

ECO3022 : Health Economics

  • Offered for Year: 2016/17
  • Module Leader(s): Prof. John Wildman
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semester 1 Credit Value: 10
ECTS Credits: 5.0
Pre Requisites
Code Title
ECO2004Microeconomic Analysis
Pre Requisite Comment

or equivalent

Co Requisites
Co Requisite Comment



To examine the economist's toolkit for its usefulness in the process of health policy development.

This course introduces students to health economics as a discipline. Health economics is an applied subject with a considerable amount of policy relevance. At the end of this course you should have a grounding in health economics, see how economic theory can be applied to the health area, and understand how such issues can influence public policy.

Outline Of Syllabus

Introduction to health economics
The market for health care, insurance and market failure
Equity, efficiency and need
Supply side issues
Economic evaluation
Investigating preferences and valuing benefits using discrete choice experiments
The Demand for Health
The Production of Health
Health Inequalities

Learning Outcomes

Intended Knowledge Outcomes

Health Economics is an applied subject and students will learn how to apply microeconomic analysis to issues in health economics.

Intended Skill Outcomes

Students will be able to assess how economic theory can be applied to important policy issues and how economics can inform the health policy debate. Students will also learn to communicate their own ideas through seminars

Graduate Skills Framework

Graduate Skills Framework Applicable: Yes
  • Cognitive/Intellectual Skills
    • Critical Thinking : Assessed
    • Active Learning : Present
    • Numeracy : Assessed
    • Literacy : Assessed
    • Information Literacy
      • Source Materials : Present
      • Synthesise And Present Materials : Present
  • Self Management
    • Planning and Organisation
      • Goal Setting And Action Planning : Present
    • Personal Enterprise
      • Independence : Present
      • Adaptability : Assessed
  • Interaction
    • Communication
      • Oral : Present
      • Interpersonal : Present
      • Written Other : Assessed
    • Team Working
      • Collaboration : Present
      • Relationship Building : Present
  • Application
    • Social Cultural Global Awareness : Present

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture72:0014:00N/A
Guided Independent StudyAssessment preparation and completion125:0025:00N/A
Guided Independent StudyDirected research and reading125:0025:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching41:004:00Seminars
Guided Independent StudyIndependent study132:0032:00N/A
Teaching Rationale And Relationship

Lectures provide an overview of the subject area, together with more in-depth coverage of core issues.
Seminars allow students to develop and demonstrate their analytical ability in addressing the issues of the module.

Reading Lists

Assessment Methods

The format of resits will be determined by the Board of Examiners

Description Length Semester When Set Percentage Comment
Written Examination1201A100N/A
Assessment Rationale And Relationship

The examination is designed to test the students' ability to apply economic theory to the core issues of health economics


Past Exam Papers

General Notes

Original Handbook text:

Disclaimer: The information contained within the Module Catalogue relates to the 2016/17 academic year. In accordance with University Terms and Conditions, the University makes all reasonable efforts to deliver the modules as described. Modules may be amended on an annual basis to take account of changing staff expertise, developments in the discipline, the requirements of external bodies and partners, and student feedback. Module information for the 2017/18 entry will be published here in early-April 2017. Queries about information in the Module Catalogue should in the first instance be addressed to your School Office.