Main field of study: Economics
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Learning outcomes for the course
After the course is completed students will be able to demonstrate understanding of:- how resource allocation and health policy in society interact;
- how society can use economic tools in order to achieve health policy objectives;
- the concept of opportunity cost and how to calculate it;
- the basis for consumer demand of health care and other goods and services;
- what influences demand and supply in a market and understand how these concepts can be used to study the health care sector;
- the concepts of price and cost elasticity.