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ZUG4040 - Health Economics

15 credits

Honours degree – Module

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.


Business, Engineering and Technology


South Africa

  • First Semester  2019


This module will cover a variety of topics concerning the determinants of health, the supply and demand for healthcare services, the impact of insurance on the demand for healthcare services, and the role of government in healthcare markets and in promoting health behaviour. The module will, among other things; assess the role of health care in the economy and apply economic models to the production of health and health care; study the structure of health care markets and the roles of key institutions; and investigate the role of government and use our acquired knowledge to understand and evaluate health care policy and reform.  In addition, the module will involve a discussion of empirical work, current issues, and public policies.


  1. Evaluate how various social problems can impact the health of a community or population.
  2. Discuss the problems faced in promoting health for all.
  3. Apply economic theories to the behaviour of individuals, health care providers, public and private organisations, and governments in decision-making.
  4. Determine the costs and benefits associated with today’s health care choices.
  5. Using case studies, evaluate practical health care systems.
  6. Evaluate best course of action with regards to regulation, national health packages, defining health insurance packages and other national health programs.
  7. Analyse health care issues and inform decision making and policy development using economic concepts and theories.


Within semester assessment: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this module is 150 hours typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The module requires on average three to four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.


All three compulsory BCom (Honours) or equivalent modules.