Name of the Degree: Masters of Social Science in Health Economics.
The regular M.S.S, program will be of one-year duration divided into two semesters. To complete the M.S.S. in Health Economics the following requirements have to be fulfilled.
• Completion of 10 courses including comprehensive and internship (total 40 credit hours).
• Passing of all courses individually and maintaining a minimum Cumulative Grade Point Average (CGPA) of 2.0.
Only those students who have completed B.S.S. (Honors) in Health Economics under the Institute of Health Economics, University of Dhaka are eligible to get admitted in regular M.S.S. programs.
Course objectives are to:
∙ Orient students with advanced topics in microeconomic theory ∙ Develop the skill to apply microeconomic theory in different sector including health
∙ Understand the advanced topics in welfare economics ∙ Make familiar with high impact micro theory articles ∙ Cross the gap between undergraduate micro with advanced micro theory
Learning outcomes:
∙ Understand the advanced topics in micro theory
∙ To be able to apply advanced topics of micro theory to different context
∙ Develop a micro theory relevant to health sector
∙ Understand the steps of writing micro theory paper
Course contents
– The economic approach to behavior: Preferences, utility functions, revealed preference
– Demand analysis: Classical demand theory, demand aggregation – Production and Producer theory: Supply of products, Factors of production, monopoly pricing, competitive producer theory and comparative statics
– Partial Equilibrium Competitive Markets: Competitive equilibrium – The Walrasian model of general equilibrium
– Social Choice and Welfare
References:
Course objective is to:
∙ Introduce students with the advanced topics of macroeconomics especially growth theory, business cycle, investment, consumption etc.
Learning outcomes:
∙ Cross the gap between undergraduate textbooks in macroeconomics and the modern literature that features dynamic models built upon microeconomic foundations and rational expectations
∙ Learn how to use key methodological tools in modern dynamic macroeconomics.
∙ Apply those tools to analyse practical questions in macroeconomics.
Course contents
The Solow growth model
Infinite-horizon and overlapping-generations models (The Ramsey-Cass Koopmans model, The diamond model)
Endogenous growth
Cross-country income differences
Real-business-cycle-theory
Dynamic stochastic general-equilibrium models of fluctuations Consumption
Investment
Unemployment
Inflation and monetary policy
Budget deficits and fiscal policy
References:
Course objectives are to:
∙ Introduce the advanced topics in health economics
∙ Discuss issues related to resource mobilization for the health sector ∙ Discuss current health care financing strategies and issues related to purchaser provider split
∙ Look in to the tradeoff between efficiency and equity in the health sector
∙ Be familiar with some influential papers in health economics ∙ Comprehend the NHA from inception to report
Learning outcomes:
∙ Comprehend the advanced topics in health economics
∙ Relate the theories of health economics to health policies ∙ Identify the linkages between health care financing, health care management and economic evaluation of health care
∙ Learn in the process of NHA and its usage to the policy making ∙ Recognize the importance of health system responsiveness
Course contents:
Health care financing framework: Third party payers, reimbursement, integration between third- party payers and health care providers, Options for health care financing
Health care financing strategy: The goals and objectives universal health coverage, the strategies, the current status in Bangladesh
The market for physicians’ services: Medical school capacity and concepts of physician shortage and surplus, physician supply in the long run, physicians’ short run decisions, price discrimination
Hospitals: Context, alternative models of hospital behavior, hospital ownership and performance, regulations of hospitals, an alternative to regulating hospitals
Resource Allocation and Equity in Health Care Service Delivery: Concept, equity in health, equity in access, equity in health service utilizations, measurement of Horizontal and Vertical Equity, resource allocation formula
Quality of care and medical malpractice: Markets and market failure, characteristics of health care quality, adverse events and negligent injuries, supply side quality of care safeguards and government oversight and regulation, mandatory error reporting, Tort law as a mechanism for improving patient safety and health care quality, medical malpractice
Health System Responsiveness: Prompt attention, dignity, clear communication, autonomy, confidentiality, choice of provider, quality of basic amenities, access to social support networks.
Overview of National Health Accounts (NHA): What are the NHAs? History of NHA estimation, NHA frameworks, System of Health Accounts (SHA), the differences between SHA 1.0 and SHA 2011, Bangladesh National Health Accounts
Classification for NHA: Classification of function, provider, financing schemes, financing agents.
Market of Drugs and Pharmaceutical Manufacturers
Evaluation of Major Health Systems: UK System, German System and US System
References:
Course objectives are to:
∙ Define public health and learning the difference between individual and population-based strategies for improving health
∙ Understand the goals of public health, and the challenges and opportunities for closing the gap between science and practice ∙ Describe the leading global health problems, including their causes and methods for prevention
∙ Know the core functions of public health and how public health is organized at the local, state, national, and international level
Learning outcomes:
Upon completion of the course, students should be able to:
∙ Explain the history and philosophy of public health as well as its core values, concepts, and functions across the globe and in society. ∙ Identify the methods, and tools of public health data collection, use, and analysis and why evidence-based approaches are an essential part of public health practice.
∙ Recognize the basic processes, approaches, and interventions that identify and address the major health-related needs and concerns of populations.
∙ Identify the socio-economic, behavioral, biological, environmental, and other factors that impact human health and contribute to health disparities.
∙ Utilize the basic concepts of public health-specific communication, including technical and professional writing and the use of mass media and electronic technology
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Course contents:
Introduction to Public Health Principles and Practice
– Public health: The population health approach
– Evidence-based public health
– Public health data and communications
– Social and behavioral sciences
Public Health in a Global Context
– What is global health: Key concepts, successes and challenges – Gender, wellbeing and global health
– The Post-2015 Agenda: Improving health systems
Infectious Disease
– Infectious diseases: Global burden, costs, and trends
– Vaccine controversies
Chronic Diseases
– Chronic disease: Global burden, costs, and trends
– The Global Tobacco Epidemic
Injuries
– Injuries disease: Global burden, costs, and trends
Integrating Medicine and Public Health
– Healthcare organization and financing
– Measuring the performance of health systems
– Public health institutions and systems
– The future of population health
Course objectives are to:
– Describe the principles, interpretation, strength and limitations of epidemiological study designs that are commonly used for research – Familiarize the students with many of the common analytic methods used by epidemiologists to obtain valid measures of the effect of a risk factor on an outcome
– Identify the confounding factor(s) and interactions in epidemiological studies and adjust them during analysis
Learning outcomes:
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Students who successfully complete this course will be able to: – Demonstrate advanced knowledge and awareness of the role of epidemiology and its contribution to other health-related disciplines – Choose appropriate designs including randomized controlled trial, cohort, case-control, and cross-sectional studies and develop detailed protocols for epidemiological studies
– Calculate and interpret basic population measures of health and disease occurrence including incidence, prevalence, and survival – Make appropriate comparisons of disease rates within and between populations
– Assess the results of epidemiological studies (their own or other investigators’), including critical appraisal of the study question, study design, methods and conduct, statistical analyses and interpretation
Course contents:
Measures of disease frequency and exposure effects
Confounding and interaction
Classical methods of analysis for cohort studies
Classical methods of analysis for case-control studies
Unconditional logistic regression
Poisson regression for cohort studies
Survival analysis and proportional hazards regression
Practical issues in study design and analysis
Conditional logistic regression for case-control studies
Clustering of data in epidemiological studies
Strategies of analysis
References:
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-Volume 1: Analysis of case-control studies
-Volume 2: The design and analysis of cohort studies
Course objectives are to:
∙ Orient student with advanced tools of econometrics
∙ Learn to be able to perform each step of data analysis ∙ Acquire the techniques of the writing of empirical work
Learning outcomes
At end of the course, students will be able to
∙ Understand the theoretical reason(s) of using different econometric model in different context
∙ Effectively use empirical software for data analysis starting from data management to results reporting
∙ Decide on appropriate modeling (empirical) for various data types ∙ Provide economic interpretation of the results
∙ Writepublishable empirical paper
Couse contents:
Core Methods: Brief Overview
– OLS
– Maximum Likelihood Methods
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– GLS
– Generalized Method of Moments and Minimum Distance Estimation Advanced Topic in Panel Data Estimators
– Panel Generalized Methods of Moments Estimator
– Fixed Effect Estimator, First Difference Random Effect Estimator, Between Effect Estimator, Random Effect VS GLS Estimator – Contemporaneous exogeneity, Weak exogeneity and Strict Exogeneity,
– Dynamic Panel Data Model
Nonparametric and Semiparametric Methods
Models with Limited Dependent Variables and Other Nonnegative Responses
– Unordered Multinomial Models
– Ordered Multinomial Model, Nested Logit Model
– Count Data Models (Poisson Regression)
– Fractional Responses, Corner Solutions Outcomes, Censored and Truncated model (Tobit), Two Part model, Sample Selection Model and Heckman Two Step Estimator (Heckit)
Time Series: Seasonal Models
References:
Course objectives are to:
∙ Introduce the process of policy and planning in general and health section to be specific
∙ Providedetailed explanation of various policy and planning of Bangladesh health sector
Learning outcomes:
∙ Apply the policy-making process to improve population health. ∙ Apply the principles of evidence-based public health in practice and policy formulation.
∙ Apply appropriate strategic planning methodologies and other decision support tools to organizational management.
∙ Critically analyze the policy and planning documents of Bangladesh
Course contents:
Introduction to Health Policy and Planning: Health policy and its importance in the health care setting, a systems approach to policy analysis, Macro and micro policy, stages in the development of a policy, definition, situation analysis for making policy, basics of policy formulation, health policy of Bangladesh past and present, principles of effective planning, information requirement at different stage of planning, basics of planning formulation (steps, cycle, broad senses etc.), economic appraisal/ sustainability analysis, planning tools
Contextual Issues related Health Policy and Planning: Health and concepts of health, factors determining the health of the nation, goals and key functions of health systems-WHO model, problems of health systems, Alma Ata Declaration and Primary Health Care (PHC), Demographic transition and health transition, trends in world health, demographic and health trends in Bangladesh compared to selected SEA countries.
International Development Targets for Health:ICPD objectives, Millennium Development Goals, status of Bangladesh regarding the achievement of targets.
Health and population policies/ programmes in Bangladesh: An overview of key policies/ programmes: HPSS, HPSP, PRSP, HNPSP. Pharmaceutical Policy: Problems of pharmaceutical supply in developing countries, nature of international pharmaceutical industry, the role of public sector in pharmaceutical supply, importance of national drugs policy, goals and components of national drugs policy, constraints, opportunities and strategies for developing a rational drug policy.
Policy in response to international initiative; MDG, SDG.
Reference:
Course objectives are to:
∙ Introduce the advanced topic micro theory especially information issue and game theory
∙ Provide detailed explanation about game theory and its application to health sector
Learning outcomes:
∙ Apply the knowledge of micro theory especially game theory and information problem in economics
∙ Recognize the importance of information, agency other issues to health and other applied economics branch
∙ Be ready for pursuing PhD course in the best schools of North America and other regions
Course contents:
Expected Utility theory: Utility theory under uncertainty, domination, duality
Game Theory: Strategic-from games, domination, Nash equilibrium, incomplete information games, extensive form games, sequential equilibrium, repeated games
Information Economics: Risk aversion, and risk sharing with common information
Principal-agent problem with moral hazard and adverse selection, equilibrium in markets and bargaining games with asymmetric information Auctions and Mechanism Design
References:
Course objectives are to:
∙ Orient advanced topics of economic evaluation
∙ Discuss advanced issues of the measurement of health outcomes ∙ Look into the changes in the measurement of burden of disease and the justifications
∙ Introduce economic evaluation issues relevant to health and environment, and Bayesian analysis
Learning outcomes:
After completing this course, the students will be able to:
∙ Familiarize with advanced issue of economic evaluation ∙ Design a full economic evaluation of different interventions ∙ Design clinical studies and RCTs
∙ Conduct economic evaluation in dynamic setting
∙ Do Bayesian analysis and understand its relevance to economic evaluation
Course contents
Measuring and valuing effects
Advanced techniques of measuring burden of disease
Using clinical studies and RCT as a vehicle for economic evaluation Economic evaluation using decision analytic modelling
Characterizing, reporting, and interpreting uncertainty
Health Impact Assessment: Methods of Health Impact Assessment, evidences on Health Impact Assessment.
Cost-Benefit Analysis: Definition of Cost-Benefit Analysis, CBA decision rules, measures of welfare, economic impact analysis, cost-benefit analysis of social programs, risk & uncertainty, indirect methods, contingent
valuation, valuation of a statistical life (VSL) and statistical life-years (VSLY)
Environmental regulation, Global warming
Bayesian Economic Evolution: Introduction to Bayesian inference, statistical cost-effectiveness analysis, Bayesian economic analysis in practice
Reference:
Course objectives are to:
∙ Orient students various reform and its relevant strategies ∙ Provide every detailing of reform starting from diagnosis to reform; financing to behaviour
Learning outcomes:
∙ Assess health system performance and its reform
∙ Understand the issues in health sector reform in developing countries
∙ Identify reform needs to implementing reform
Course contents:
Part A: Health System Analysis
– Introduction
– The health-reform cycles
– Judging health-sector performance: Ethical theory
– Political analysis and strategies
– Goals for evaluating health systems
– Assessing health-system performance
– From diagnosis to health-sector reform
Part B: Control Knobs
– Financing
– Payment
– Organization
– Regulation
– Behaviour
Key issues in health sector reform in developing countries Health sector reform in different countries
References:
Course objectives are to:
∙ Introduce advanced issues of development and development economics
∙ Understand the impact evaluation of different development program ∙ Provide developing experiences of the developed developing and least developed countries
Learning outcomes:
∙ Understand how the developing and least developed countries can be developed
∙ Recognize the barriers of development
∙ Enrich with development models used in the development of developing countries
∙ Contribute to the development of the Bangladesh economy Course contents
– What is Development?
– Life Satisfaction and Happiness
– Economic Growth and Convergence
– Growth, Endowments and Geography
– Methods: RCTs and Instruments
– Barriers to Development: Corruption, Civil war etc.
– Human Capital and Education
– Human Capital and Health
– Environment and Development
References:
Fullerton and Stavins. How Economists See The Environment. Science, 1998.
Course objectives are to:
∙ Orient different research methodologies along with epistemology
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