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.

1st Semester

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: 

  1. Gibbons, Robert. Game Theory for Applied Economists. Princeton  University Press; Reprint edition, 1992.  
  2. Jehle, Geoffrey, and Philip Reny. Advanced Microeconomic Theory.  2nd ed. Reading, MA: Addison-Wesley, 2000. 
  3. Kreps, David. A Course in Microeconomic Theory. Princeton, NJ:  Princeton University Press, 1990.
  4. Mas-Colell, Andreu, Michael Whinston, and Jerry Green.  Microeconomic Theory. New York, NY: Oxford University Press, 1995.  5. Myerson, Roger. Game Theory. Harvard University of Press, 1997.  6. Varian, Hal. Microeconomic Analysis. 3rd ed. New York, NY: W.W.  Norton, 1992. 
  5. Silberberg, Eugene, Wing Suen. The Structure of Economics: A  Mathematical Analysis. 3rd ed. Irwin/McGraw-Hill; 2000. 

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: 

  1. Romer, David. Advanced Macroeconomics. McGraw-Hill, 2011. 2. Barro, Robert. Macroeconomics MIT Press and its supplement (DLS),  1997.  
  2. Heijdra Ben J. and Frederick van der Ploeg. The Foundations of  Modern Macroeconomics. Oxford University Press, 2002.  
  3. Ljungqvist, Lars, and Thomas Sargent. Recursive Macroeconomic  Theory, 2002.  
  4. McCandless, George T. Jr. with Neil Wallace. Introduction to Dynamic  Macroeconomic Theory: an overlapping generation approach. Harvard  University Press, 1991. 
  5. Sachs, Jeffrey D. and Felipe Larrain B. Macroeconomics in the Global  Economy. Harvester Wheatsheaf. 1994.  
  6. Champ and Freeman. Modeling Monetary Economies, 2003. 

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: 

  1. Folland S., Goodman A.C., and Stano M., The Economics of health and  health Care, Macmillan (3rd edition), 2000, 
  2. CulyerA.J., and Newhouse J.P. North-Holland Handbook of Health  Economics, Elsevier, 2000.  
  3. Arrow K. Social Choice and Individual Values, 1975.  
  4. Jack W. Principles of Health Economics for Developing Countries, World Bank Institute.1999., 
  5. Morris S., Appleby J., and Parkin D. Economic Analysis in Health  Care, Lee K. and Mills A. The Economics of Health in Developing  Countries; Oxford University Press,1983.  
  6. McGuire A., Henderson J. and Mooney G. The Economics of Health  Care: an introductory text; London, Routledge and Kegan Paul, 1988.  
  1. Mills A. and Gilson L. Health Economics for Developing Countries: A  Survival Kit,1988.  
  2. Zweifel P. and Breyer F. Health Economics, O.U.P.1997.  9. Jacob P. The Economics of Health and Medical Care, Jones and  Bartlett Learning.2004. 

Part I: Public Health 

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

68 

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 

 

Part II: Epidemiology 

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:

69 

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: 

  1. David E Lilienfeld, Paul D. Stolley). Foundation of Epidemiology.  Oxford University Press, 1994. 
  2. Leon Gordis. Epidemiology. WB Saunders Company, 1996. 3. MOHFW. Health and Population Sector Programme, 1998-2003, 1998. 4. MOHFW. Conceptual Framework for Health Nutrition and Population  Sector Programme 2003-2006, 2003.  
  3. Park and Park. A textbook of Public health (6th Edition), 2000. 

70 

  1. Rashid, Khabir, Haider). A text Book of Public Health (3rd Edition),  2000.  
  2. Selim Reza. Public Health, 2000. 
  3. Clayton, David, Michael Hills, and A. Pickles. Statistical models in  epidemiology. Vol. 161. Oxford: Oxford university press, 1993.  9. Machin, David, Yin Bun Cheung, and Mahesh Parmar. Survival  analysis: a practical approach. John Wiley & Sons, 2006. 
  4. Kirkwood, Betty R., and Jonathan AC Sterne. Essential medical  statistics. John Wiley & Sons, 2010.  
  5. Breslow, Norman E., Nicholas E. Day, and Walter Davis. Statistical  methods in cancer research. Vol. 2. Lyon: International Agency for  Research on Cancer, 1987. 

-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

71 

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: 

  1. Wooldridge, Jeffrey (2010), Econometric Analysis of Cross Section and  Panel Data (Second d edition), Cambridge: MIT Press. 
  2. Hayashi, Fumio (2000). Econometrics. Princeton University Press.  3. W. Greene, Econometric Analysis, 7th ed., Prentice Hall 4. R. Davidson and J.G. MacKinnon, Econometric Theory and Methods,  Oxford University Press, 2003 
  3. Greene, W.H., Econometric Analysis, (7th edition), Pearson, 2012 6. Cameron, Colin & Pravin Trivedi. Microeconometrics: methods and  applications Cambridge university press, New York, 2005

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: 

  1. Green A. An Introduction to Health Planning in Developing Countries,  Oxford, OUP. 1988.  
  2. Abel S. B. An Introduction to Health Policy, Planning and Financing.  London, Longmans,1994. 
  1. Ministry of Planning, Govt. of Bangladesh. Poverty Reduction Strategy  Papers (PRSP), 2003.  
  2. Ministry of Health and Family Welfare. Govt. of Bangladesh, Human  Resource Management in Health, 2002.

2nd Semester

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: 

  1. Gibbons, Robert. Game Theory for Applied Economists. Princeton  University Press; Reprint edition, 1992. 
  2. Jehle, Geoffrey, and Philip Reny. Advanced Microeconomic Theory.  2nd ed. Reading, MA: Addison-Wesley, 2000.  
  3. Kreps, David. A Course in Microeconomic Theory. Princeton, NJ:  Princeton University Press, 1990. 
  4. Mas-Colell, Andreu, Michael Whinston, and Jerry Green.  Microeconomic Theory. New York, NY: Oxford University Press, 1995 5. Myerson, Roger. Game Theory. Harvard University of Press, 1997.
  1. Varian, Hal. Microeconomic Analysis. 3rd ed. New York, NY: W.W.  Norton, 1992.  
  2. Silberberg, Eugene, Wing Suen. The Structure of Economics: A  Mathematical Analysis. 3rd ed. Irwin/McGraw-Hill; 2000.  

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: 

  1. Drummond M F, Stoddart G L, Torrance. Methods for the Economic  Evaluation of Health Care Programmes. Oxford University Press,1996. 2. F. A. Sloan (ed.) Valuing Health Care, Cambridge University  Press,1995. 
  2. M. R. Gold, J. E. Seigel, L. B. Russell, and M. C. Weinstein (eds.) Cost effectiveness in Health and Medicine, Oxford University Press, 1996. 4. Spiegelhalter, David J., Keith R. Abrams, and Jonathan P. Myles.  Bayesian approaches to clinical trials and health-care evaluation. Vol.  13. John Wiley & Sons, 2004. 
  3. Baio, Gianluca. Bayesian Methods in Health Economics, CRC press,  2013.  

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: 

  1. Roberts, Marc, et al. Getting health reform right: a guide to improving  performance and equity. Oxford university press, 2003. 
  2. Cassels, A., 1995. Health sector reform: key issues in less developed  countries. Journal of International development, 7(3), pp.329-347. 3. Berman, P., 1995. Health sector reform: making health development  sustainable. Health policy, 32(1), pp.13-28. 

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: 

  1. Meir, G.M&J.E. Rauch. Leading issues in Economic Development, 8th  edition, Oxford University Press, New York, 2005.  
  2. Adelman, I. Theories of Economic Growth and development, Stanford  University Press, Stanford, 1961. 
  3. Amartya Sen, “The Concept of Development” UNDP, 1990 Human  Development Report 
  4. Acemoglu. Johnson and Robinson. “Understanding Prosperity and  Poverty: Geography, Institutions, and the Reversal of Fortune”  5. Nathan Nunn, “The Importance of History for Economic Development” 6. Banerjee and Duflo, “The Experimental Approach to Development  Economics” 
  5. Svensson “Eight Questions about Corruption” Fisman and Edward  Miguel, “Cultures of Corruption: Evidence from Diplomatic Parking  Tickets,” 2005.  
  6. Bardhan, Pranab. “Corruption and Development: A Review of Issues.” Journal of Economic Literature, vol. 35, no. 3, 1997. 
  7. Glewwe and Kremer, “Schools, Teachers and Education Outcomes in  Developing Countries” 

Fullerton and Stavins. How Economists See The Environment. Science,  1998.  

  1. DilipMookherjee, Pranab Bardhan, Kaushik Basu, Abhijit Banerjee,  Ravi Kanbur New Directions in Development Economics: Theory or  Empirics?  

Course objectives are to:  

Orient different research methodologies along with epistemology

Loader Loading...
EAD Logo Taking too long?

Reload Reload document
| Open Open in new tab