PRICELESS SA is committed to teaching and capacity building in the field of health economics and priority setting in health.
Masters of Public Health in Health Economics
The MPH field of Health Economics aims to build a critical mass of health economists equipped with skills in the application of economic principles to support health policy decision-making in South Africa and the region. As low and middle income countries (LMICs) move towards universal health coverage, health economics capacity will be crucial in addressing health systems challenges facing these countries. Students of the MPH field of Health Economics will learn to: undertake health economic evaluation applicable to the sub-Saharan African context; apply economic approaches to inform policy decisions on the efficient allocation of scarce resources; and provide technical advice to policy-makers on the use of economic policy levers to modify health behaviours. This programme is jointly coordinated by PRICELESS SA and the Centre for Health Policy (CHP) at Wits School of Public Health.
In addition to the seven MPH-specific modules (details can be found here), the MPH Health Economics programme includes five modules in economic evaluation and micro-economics as applied to health. These include:
Introduction to Health Economics
This module provides a basic introduction to the field of Health Economics. It explores the insights that an economic perspective can contribute to the planning and implementation of health services and health systems. The first half of the course focuses on the application of classical and behavioural economic approaches to analysing individual health behaviour and the functioning of health markets. The second half of the course covers the principles and common methods of economic evaluation, particularly cost-effectiveness analysis. It will also provide the student with basic skills in the interpretation and critique of cost-effectiveness studies.
Health Care Financing
The module introduces students to health care financing concepts and their application. It also provides learners with an understanding of financing arrangements in terms of sources, collection, risk pooling, regulation and strategic purchasing, as well as different country experiences in moving towards universal health coverage
Economics of Health Care
This module builds on the basic concepts introduced in the Introduction to Health Economics module. It covers the application of economic approaches to the analysis of health and health care delivery. Students will learn how classical supply and demand curves have been used to analyse the production and consumption of health services, and the insights these analyses provide for improving the organisation and delivery of health services. Students will also be introduced to more recent behavioural economic approaches and their relevance in understanding health care demand and supply.
The module builds on the basic principles of economic evaluation covered in the Introduction to Health Economics module. This module covers advanced topics in cost-effectiveness and cost-utility analyses relating to identifying, measuring and valuing health outcome measures and costs. Students will learn the theoretical underpinnings and methods that guide the conduct of an economic evaluation.
Decision Analysis for Economic Evaluation
This module builds on the Economic Evaluation module, specifically focusing on the application of decision analysis in economic evaluation. Students will learn to build decision analytical models, conduct appropriate sensitivity analyses and apply these analyses to making decisions around introducing new health technologies.
For further information, please contact:
Dr Ijeoma Edoka
Tel: +27 11 717 2374
Vaccine Economics and Financing Short Courses
In collaboration with the School of Public Health John Hopkins University Bloomberg, PRICELESS SA is delivering a series of short courses in Vaccine Economic and Financing. These short courses aim to build capacity amongst policy-makers on the application of economic principles to decision-making in immunization programs. It covers topics in health economics as applied to vaccine delivery in low and middle income countries (LMICs) including economic evaluation, costing, programme evaluation, vaccine financing, resource tracking and vaccine systems and logistics.
For more information, please contact:
Tel: 27 (0) 11 717 2714