Economics of Health and Health Care

By Prof. Angan Sengupta | IIT Kanpur

Learners enrolled: 1366

When I was doing my doctoral research in the area of Health Eonomics several people asked me that What does this Economics in Healthcare mean?” Health economics or Economics of Healthcare is a discipline of economics which is concerned with the association between health status and the related resources assessing the value, behavior, efficiency and effectiveness of various stakeholders in the production and consumption of healthcare. Pertaining to several factors Health Economics has not been studied well in India or in many other developing countries, unike the developed economies.

Learning Objectives:

1. To provide the students a broad understanding about the fundamental economic concepts in the area of health, health care and health policy.

2. To equip students with economic theories and logics in order to analyze the behavior of different economics agents at the individual, household, community and institutional (government and non-governmental) levels within the healthcare market frameworks.

3. To help them to build rationale and strategies based on the economic valuation of healthcare system and the measurement of efficiency level.

4. To learn about the shortcomings of a lowly developed economy to attain best health status and the health and development nexus.

5. To understand the healthcare financing mechanism and its evolution.

INTENDED AUDIENCE: Post-graduate students
PREREQUISITES: NIL.
INDUSTRY SUPPORT: Public Health Organizations, Hospitals, Allied Healthcare Providers, Pharmaceutical companies, NGO.

Summary

Course Status :	Completed
Course Type :	Elective
Duration :	8 weeks
Category :	Management Studies
Credit Points :	2
Level :	Postgraduate
Start Date :	29 Jul 2019
End Date :	20 Sep 2019
Exam Date :	29 Sep 2019 IST

Note: This exam date is subjected to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Week 1 : Introduction, Consumer Behaviour, Demand and Supply

Week 2 : Elasticity of demand and supply, Theory of Production

Week 3 : Theories of Cost and Grossman’s Demand for Healthcare

Week 4 : Market Imperfections, Healthcare Financing

Week 5 : Health Insurance

Week 6 : Impact Evaluation, Social Determinants of Health

Week 7 : Economic Externalities, Public and Private Goods

Week 8 : Population, Health and Development

Books and references

• Stephen Morris, Nancy Devlin, David Parkin. Economic Analysis in Health Care. John Wiley & Sons

• Folland, Goodmand, and Stano (FSG). The Economics of Health and Health Care. 5th Edition. Pearson Prentice Hall Press

• Jay Bhattacharya, Timothy Hyde, Peter Tu. Health Economics. Palgrave MacMillan.

Additional study materials related to each topic will be shared during the respective sessions.

Journals of Interest for Health Economists

Journal of Health Economics; Health Economics; Health Economics Policy and Law; Journal of Public Health Policy; Health Policy and Planning; The European Journal of Health Economics; International Journal of Health Care Finance and Economics; Applied Health Economics; Health Policy; Social Science & Medicine; Pharmacoeconomics; Health Services Research; Journal of Health, Politics, Policy and Law; Health Affairs.

Instructor bio

Prof. Angan Sengupta is an Assistant Professor with the Dept. of Management, Amrita Vishwa Vidyapeetham, Bangalore campus. He has done his PhD in the area of Health Economics and Policy from Maastricht University, The Netherlands. He has post-graduation degrees in Economics from Calcutta University and in Population Studies from International Institute for Population Sciences (IIPS), Mumbai. He has garnered corporate experience working with A.C. Nielsen ORG-MARG, while his research and teaching experience includes various institutes and organizations like, International Institute for Applied Systems Analysis (IIASA), Austria, Indian Institute of Management, Bangalore, Institute of Health Management Research, Bangalore. Dr. Sengupta has worked on various large scale implementation and M&E surveys. Dr. Angan is a recipient of ICSSR doctoral fellowship as well as UGC NET-Junior Research Fellowship. He also earned a fellowship from TIFAC, Ministry of Science and Technology, Govt. of India to conduct a research as a Young Summer Scientist in IIASA, Austria. He has presented research papers in several national and international conferences and public seminars and also published scientific papers in highly reputed national and international journals.His research interests include Population and Health Economics, Economics of Ecology and Natural Resources, Statistics, Demography, and Epidemiology.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centers.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams:29th september 2019, Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 6 assignments out of the total 8 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100
Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75.

If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.
Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Kanpur. It will be e-verifiable at nptel.ac.in/noc.
Only the e-certificate will be made available. Hard copies are being discontinued from July 2019 semester and will not be dispatched.

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