Health Economics Notes for BPH Students
Health Economics is a crucial subject for students pursuing a Bachelor’s in Public Health (BPH). Understanding the economic aspects of healthcare is essential for effective health policy and management. In this blog post, we’ll provide concise and valuable notes on Health Economics tailored for BPH students at universities like TU, PU, KU, Purbanchal University and others.
What is Health Economics?: Health Economics is the study of how resources are allocated in the healthcare sector. It examines the production, distribution, and consumption of healthcare services and resources. BPH students need a firm grasp of this subject to address health-related challenges effectively.
Key Concepts:
- Supply and Demand in Healthcare: Learn how the principles of supply and demand apply to healthcare services and their pricing.
- Healthcare Systems: Explore different healthcare systems worldwide, such as the U.S. and the UK, and their economic implications.
- Cost-Benefit Analysis: Understand how cost-benefit analysis helps in evaluating healthcare interventions and policies.
- Health Insurance: Delve into the role of health insurance and its impact on healthcare access.
- Economic Evaluation: Learn methods for assessing the cost-effectiveness of healthcare interventions.
Importance for BPH Students: Health Economics equips BPH students with the skills to assess healthcare systems, analyze policy implications, and make informed decisions in public health practice.
Notes for TU, PU, KU, and Other Universities: We’ve prepared concise notes specifically tailored to the curriculum of TU, PU, KU, and other universities. These notes cover essential topics, making it easier for you to excel in your Health Economics course.
Unit 1: Introduction to public health economics
- Public Health Economics
- Functions of Public Health Practitioners in the Economics of Public Health
- Health economics, Public health economics and Medical care economics
- Public Health and Medical Care Economics: Functions of Public Health Practitioners and Course Need for Students
- Basic Scope or Components of Public Health Economics
- Value of Health (Healthy State)
Unit 2: Demand and Supply of Public Health Service
- Definitions of Demand of Public Health Service (core actions and interventions) as compared to definitions of demand of medical care
- Determinants of demand of public health service
- Law of Demand in the Context of Public Health Economics
- Elasticity of Demand in Public Health Economics
- Strategies for creating people’s demand for public health services and goods
- Definitions of supply of public health service as compared to definitions of supply of medical care
- Determinants of Supply of Public Health Service
- Law of supply in the context of Public Health Service
- Elasticity of Supply in the Context of Public Health Service
- Strategies for increasing public sector supply and creating NGO sector supply of public health services and goods
- Supply induced demand in contrast to demand driven supply of public health services and goods
- Public Health Service and Goods Demand and Supply Market System
- Role of Government and NGOs in Promoting Public Health Marketing
- Equilibrium in Public Health Demand and Supply Market
Unit 3: Introduction to public health financing
- Roles and Functions of High-Level Public Health Practitioners in Public Health Financing as a Control Mechanism
- Meaning and Definition of Public Health Financing and Medical Care Financing
- Sources and Modes of Public health services and medical care Financing
- Definition, Functions, Scope and Components of Public Health Financial Management
Unit 4: Public Health Financing in Nepal
- Overview of Public Health Service and Medical Care Financing System in Nepal: Government and Non-Government Sectors
- Critical Review of Financing Public Health Services in Nepal using the National Health Account Framework (NHAF)
- Assessment of Balance in Public Investment in Public Health Services and Medical Care Services
- Practitioners’ actions for increasing the Government and NGO Financing in Public Health Interventions
Unit 5: Overview of Budgeting
- Definitions and Differentiation of Public Health Budgeting and Medical Care Budgeting
- Objectives, Principles, and Types of Public Health Budgeting
- Budgeting Process with Special Reference to Nepal
- Budget Sheet with its Components and Sample
Unit 6: Financial Management with Particular Reference to Nepal
- Definition, Objectives and Key Elements of Public Health Financial Management
- Definition, Objectives and Steps of Public Health Financial Planning
- Meaning and Usage of Elements of Book Keeping in Health Economics
- Accounting of Public Health Finance; Definition, Elements, and Types
- Auditing: Definition, Purpose, Types (External and Internal), Process in Health Economics
Unit 7: Economic evaluation of resource utilization (investment) in public health services (core actions and interventions)
- Definition, importance, types and steps of economic evaluation of public health services
- Definition, Types and Steps of cost analysis in public health services
- Measuring contribution of investment in public health interventions
- Economic evaluation of public health: Setting standards, criteria, indicators
Unit 8: Overview of Government Sector Public Health Financing and Financial Management System in Nepal
- Investment in Public Health Interventions: A Vital Strategy for Addressing Major Health Issues
- Budgeting, Financial Planning, Bookkeeping, Accounting, Auditing, and Economic Evaluation in Public Health
- Case Study: Socio-Economic Impact of Investment in Malaria Prevention, Control, and Early Detection and Treatment in Nepal
Unit 9: Public Health Insurance vs Medical Insurance Introduction
- Public Health Practitioners’ Roles and Functions in Advancing Public Health Insurance
- Understanding Health Insurance vs. Medical Care Insurance: Clarifying Definitions and Features
- Medical Insurance: A Flourishing Business Built on Deficiencies in Public Health Measures
- Types of Public Health Insurance and Medical Insurance
- Payment and Benefit Systems in Public Health Insurance and Medical Insurance
- Brief Overview of the Management Aspects of Public Health Insurance and Medical Insurance
- Overview of the Use of Medical Insurance in Nepal as Part of Social Security Schemes and a Business Promotion Tool
In conclusion, Health Economics is a vital subject for BPH students, and a good understanding of its principles is key to effective healthcare management and policy development. With our tailored notes, you’ll be well-prepared to succeed in your studies and contribute to the field of public health.
We hope this blog post has been helpful in providing an overview of Health Economics for BPH students. If you have any questions or need further assistance, feel free to reach out.