Healthcare Economics and Financial Management - PHCM9441

Faculty: Faculty of Medicine

School: School of Public Health and Community Medicine

Course Outline: See Course Outline

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: Students who are not enrolled in a postgraduate program in the School of Public Health and Community Medicine will need to provide approval from their program authority and the approval of the course convenor to postgrad-sphcm@unsw.edu.au

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

Description

This course combines health economics and healthcare financial management. There is an introduction to double entry accounting to provide a working knowledge of cash and accrual accounting, plus an analysis of balance sheets, profit and loss statements and cash flow statements. How to construct a budget in a healthcare environment is a core skill in this course. The health economics component of the course introduces students to important economic concepts such as opportunity cost and supplier-induced demand and illustrates how these concepts can be applied to the healthcare industry.

Further Information