Global Health Economics and Finance

Unit code: HPO7003 | Study level: Postgraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
VU Online
Prerequisites
N/A
Overview
Enquire

Overview

This unit explores the concepts of health economics and finance in global health contexts and systems. Students will first define and distinguish between economics and finance and explore key concepts and tools in each. This will enable students to understand the role of economics and economic evaluation in decision-making within the context of global health. Students will also examine funding mechanisms in local, national, and global settings as well as the importance of financial and budget planning and management in applying for and utilising funding. This unit will also develop students’ skills to critically evaluate funding metrics as well as economic cost analysis and national and global health perspectives and priorities in public health funding. Students will examine and analyse economic implications and financial operations of global health initiatives.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Investigate the role, limitations and usefulness of economic analysis and thinking, as it applies to global health;
  2. Critically reflect on the difference between economics and finance and explore key concepts and tools in each field;
  3. Assess how resources can be allocated to public health initiatives in terms of resource allocation at the local, national and global levels;
  4. Exhibit knowledge and skills of funding mechanisms for public health initiatives;
  5. Implement financial and budget planning and management skills in applying for and utilising funding; and
  6. Participate in an academic community through reflective and critical engagement in academic texts and understanding of principles of academic integrity.

Assessment

For Melbourne campuses

Assessment type: Other
|
Grade: 10%
Critical review of public health economics and finance (500 words)
Assessment type: Other
|
Grade: 50%
Economic analysis of a global public health issue (2500 words)
Assessment type: Case Study
|
Grade: 40%
Financing and budgeting for a global public health initiative (2000 words)
Assessment type: Other
|
Grade: 0%
Evidence of completion of the Academic Integrity Modules (Hurdle)

Required reading

Selected readings will be made available via the unit VU Collaborate site.

As part of a course

This unit is studied as part of the following course(s):

Graduate Certificate in Global Health Leadership
HTGL | Graduate certificate | Duration: 8 months

Refer to the course page for information on how to apply for the course. VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.

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