MBA

Health Economics Track


  1. Priority Setting and Resource Allocation
    • This course will examine the allocation of resources for health care and health promotion. Students with develop a clear understanding of the components of health systems, and how the financial, human and capital resources used are financed (where the money comes from), how resources are allocated across the system (funding) and the influence of health professional remuneration (payment) on services organization and delivery. Issues of financial sustainability and efficiency in health care systems will be examined along with proposals for system reform to improve quality and control cost increases. Topics will include hospital funding, physician payment, pharmaceutical pricing, alternate financing approaches, and the role of provincial and regional structures in allocating funding for long-term care, rehabilitation and community health programs.
  2. Health Economic evaluations
    • This course will examine the application of economic principles to policy-relevant questions in the area of health and healthcare. Topics will include applied health economics, economic correlates to health, demand and supply of healthcare and insurance, healthcare system financing, alternative payment schemes, economic regulation of the pharmaceutical industry, cost-effectiveness and cost-benefit analyses, QALY’s, and means by which to improve value-for-money in the health sector.
  3. Costing and Pricing of Health Services
    • A central concept of performance is the cost efficiency of health care institutions, i.e. whether they could have produced the same services at a lower cost. Understanding the efficiency and cost structure of health care service production form the basis of payments to the providers. The course aims at introducing the student to advanced analyses of efficiency variation in service production, with particular emphasis on health care providers such as hospitals. The course will show how the basic concepts of the microeconomic theory of production are made applicable to empirical analysis of health care production. The course aims at introducing the methods and tools that are used in performance analysis in practice.
  4. Statistics for Health Care Management
    • General principles of health care statistics with emphasis in hospital statistics. Skill development in computation and calculation of health data with overview of guidelines for Texas Department of Health Vital Statistics and studies. Students will be required to utilize formulas and perform calculations to prove their competencies.
  5. Economic Models
    • The first part of this course provides a comprehensive theoretical and practical framework for business research. It introduces the processes for developing research and considering different research designs and approaches together with statistical methods for data analysis and interpretation. The second part of the course teaches students how to report and present research findings using computer technologies and other presentation aids.
  6. Health Care Finicing
    • This course deals, primarily, with research in economics on health care. Students will study the production of health itself and the role of health in consumption of medical resources viewed through the lens of economics models. However, the main focus of the course will follow the main focus of health economics as a field: how medical care is produced and financed, in both private and public sectors. The material for the course will consist both of the description and discussion of problems in medical services financing and delivery and analysis of how medical markets work. Fundamentally students will use economics to evaluate why the health care market is different from conventional markets and what, if anything, economic analysis can tell us about these differences. This will include studying such matters as why health insurance exists, whether hospital competition leads to efficient allocation of resources and production, the role of the physician in patient choice and the role for government and market interventions in correcting potential inefficiencies>
  7. Research Methodology & Business Reporting
    • The first part of this course provides a comprehensive theoretical and practical framework for business research. It introduces the processes for developing research and considering different research designs and approaches together with statistical methods for data analysis and interpretation. The second part of the course teaches students how to report and present research findings using computer technologies and other presentation aids.
  8. Strategic Management
    • This course is designed to enable students to identify central issues and problems in business organizations to suggest alternative approaches and then present well-supported recommendations for future actions. The course will accomplish these objectives by explaining concepts and theories useful in understanding the strategic management process. The course will cover topics such as characteristics of strategic decisions, strategic decision makers, social responsibility and ethics in strategic management, situation analysis and corporate strategy, business and functional strategies in addition to strategy implementation and control. A case-study oriented approach will be heavily used in this course.