Degree | Type | Year | Semester |
---|---|---|---|
4310025 Economics and Business Administration | OT | 0 | 2 |
Fundamentals of Economics and Business I
Fundamentals of Economics and Business II
Environmental Policies
The aims of the subject are: To review the economic analysis of main environmental problems as well as the different environmental policy tools. To understand the relationship between economic, social and ecological systems. To study the analytical tools of the economics of the environment. To analyse the main current debates in the field.
Health Economics and Policy Analysis
The course will provide a broad overview of the field of health economics. It is designed to illustrate how economists analyze topics related to the production of health and the delivery of health care. We will focus on how microeconomics tools can be used to understand health-related decisions made by individuals, providers, and health authorities. It will also study the application of economics to health care policy, with a focus on how economic analysis can assist in the development of market and non-market solutions to various health care problems.
Environmental Policies:
Health Economics and Policy Analysis
1. What is Health Economics
1.1 Differential characteristics of health economics
1.2 The organization of a health care system
1.3 Structure of a health care system
2. Demand for health and health care
2.1 Value of life and quality of life
2.2 Demand for health
3. Health insurance
3.1 Basic concepts
3.2 Uncertainty and risk
3.3 Insurance
3.4 State-dependent utility and insurance
4. Contracts and asymmetric information
4.1 Introduction: Hidden action vs. hidden type.
4.2 Hidden action (moral hazard).
4.2.1 The doctor-patient sphere
4.2.2 Risk adjustment in capitated systems
4.2.3 Moral hazard in insurance
4.3 Asymmetric information (adverse selection)
4.3.1 Adverse selection in Private Health Insurance
4.3.2 The interaction between NHS and voluntary PHI
4.3.3 Imperfect information and competition
5. Yardstick competition and regulation
5.1.1 Relative performance evaluation
5.1.2 Introducing hospital choice
The activities that will allow the students to learn the basic concepts included in this course are:
1. Theory lectures where the instructor will explain the main concepts.
The goal of this activity is to introduce the basic notions and guide the student learning
2. Problem Sets
In some subjects, a problem set which students will have to solve individually or in teams will be included in every unit. The goal of this activity is twofold. On one hand students will work with the theoretical concepts explained in the classroom, and on the other hand through this practice they will develop the necessary skills for problem solving.
3. Practice lectures
The aim of this activity is to comment on and solve any possible doubt that students mayhave had solving the problem assignment. This way they will be able to understand and correct any errors they may have had during this process.
4. Essay writing
In some subjects students will produce written essays on the topics proposed
5. Tutoring hours
Students will have some tutor hours in which the subject instructors will help them solve any doubts they may have.
Title | Hours | ECTS | Learning Outcomes |
---|---|---|---|
Type: Directed | |||
Lectures with ITC support | 37.5 | 1.5 | 10, 5, 7, 6, 8, 2, 3, 9, 11 |
Resolution of exercises | 37.5 | 1.5 | 10, 5, 7, 6, 8, 2, 3, 9, 11 |
Type: Supervised | |||
Tutoring and monitoring work in progress. In-class presentations | 62.5 | 2.5 | 1, 10, 5, 7, 6, 8, 2, 3, 4, 9, 11 |
Type: Autonomous | |||
Study, Reading, Exercise solving, Essays writing, | 79.5 | 3.18 | 10, 5, 7, 6, 8, 2, 3, 9, 11 |
The module consists of a number of different subjects or parts taught by different professors. The final mark for the module will consist of the average of the marks of each subject within the module.
The module is considered successfully passed if:
the mark for each subject within the module is higher than or equal to 3.0 (in a 0 to 10 scale), and
the final mark for that module is higher than or equal to 5.0 (in a 0 to 10 scale).
IMPORTANT: In order to pass each subject, students must attend at least 80% of the lectures (special cases, with appropriate justification, will be considered individually by the professors together with MEBA coordinators).
If the module is not successfully passed the MEBA coordinators will ask the student to re-take the exams for those subjects that, according to the coordinators and the professors opinions, may help the student to successfully pass the module. If the student passes the re-take exam he or she will obtain a mark of 5 for that subject, otherwise the previous grade will remain valid. The calendar for the re-retake exams will be announced along with the grades report
The mark -between 0 and 10- for each subject will be computed by each professor based on his or her ow criteria and on the student's performance. As a general rule, 35% of the mark will correspond to the assessment of the continuous work of the student during the course, and 65% will consist of acomprehensive final examination. The duration and nature of the final examination isdecided by each professor.
Final exams are compulsory. Re-take exams are only thought for those students having previously written a first exam and failed.
Title | Weighting | Hours | ECTS | Learning Outcomes |
---|---|---|---|---|
Exercises and essays | 35% | 27 | 1.08 | 1, 10, 5, 7, 6, 8, 2, 3, 4, 9, 11 |
Topic Exam: Environmental Policies | 21.66% | 2 | 0.08 | 1, 10, 5, 6, 2, 9 |
Topic Exam: Health Economics and Health Policies | 41.33% | 4 | 0.16 | 1, 10, 5, 7, 8, 9 |
Environmental Policies:
Bergh, J.C.J.M van den (ed.) (1999). Handbook of Environmental and Resource Economics. Edward Elgar, Cheltenham.
Common, M., Stagl, S. (2005). Ecological Economics. Cambridge University Press, Cambridge.
Jacobs, M. (1991) The Green Economy. Pluto Press, London.
Pearce, D.W., Turner R.K. (1990) Economics of Natural Resources and the Environment. Harvester Wheatsheaf, London.
Stavins, R. N. (ed.) (2000) Economics of the Environment, Selected Readings, W. W. Northon and Company, New York and London.
Health Economics and Policy Analysis:
Main references
Complementary references