Handbook

This course is offered in two modes: either face to face (on-campus) and fully online.

This course combines health economics and healthcare financial management. The first module of this course Introduction to Health Economics will cover key economic concepts which will explain the mechanisms driving above policies/ behaviour. The main objective of this module is to introduce you to several economic concepts relevant to health care management and demonstrate how they are applied to actual situations in the health care industry. The second module of this course Financial Management will introduce you to many accounting principles, processes and procedures and their general application to the health care system.  This module will help you develop a sound working knowledge of basic financial statements as well as an understanding of budgeting for decision-making and managerial control in health management. Together these modules will assist you to understand economic principles and techniques that influence decision making and government policy in the healthcare industry. They will also provide you with core capabilities for making health management decisions related to budgets and resources.  In both modules the emphasis is on understanding how finance and economics can be used in day-to-day decision making – so a practical scenario-based approach will be taken. Similarly, the assessments will also focus on practical applications of the concepts.