Foundations of Health Economics and Global Perspectives

What Will You Learn?

• Understand foundational principles of health economics, including key concepts such as scarcity, opportunity cost, market dynamics, and economic evaluation.
• Explore the roles of economic agents — patients, providers, payers, and policymakers — in healthcare decision-making.
• Analyze supply and demand in healthcare and understand concepts like elasticity and market equilibrium.
• Learn how to measure health and healthcare demand using utility, preferences, and cost functions.
• Gain insight into health production models and healthcare cost analysis techniques.
• Compare international healthcare systems across high-, middle-, and low-income countries.
• Examine global health disparities and understand the impact of economic inequalities on health outcomes.
• Study key international strategies for improving global health, including WHO initiatives, SDGs, and global economic policies.
• Develop the ability to critically assess how health economics principles can drive equity and efficiency in global healthcare delivery.