Upon successful completion of the course, students will have acquired knowledge, skills, and abilities so that they can:

• Possess advanced knowledge in the field of Health Economics, involving a critical understanding of the relevant theories and principles developed within the framework of Economic Science.
• Demonstrate their understanding in the field of Health Economics, supported by scientific textbooks that include the most contemporary developments at the forefront of Economics and Health Economics.
• Utilize the knowledge and understanding they have gained to evaluate, develop, compose, and support arguments and to solve problems within the framework of Health Economics.
• Have the ability to gather, analyze, and interpret relevant elements, typically within the fields of Economic Science and Health Economics, to formulate and shape judgments that involve considerations of social, ethical, and scientific issues related to Health Economics and their applications.
• Be able to communicate information, ideas, reflections, and solutions on issues related to Health Economics to both specialized and non-specialized audiences.
• Have developed the skills of acquiring knowledge necessary to pursue further studies in the field of Health Economics (or related fields) with a high degree of autonomy.
• Be capable of managing complex technical or professional activities or work plans for decision-making in unpredictable work or study environments related to the field of Health Economics.

The purpose of the course is to assist students in understanding and analyzing economic theory, particularly microeconomics, as applied to the case of supply and demand for health services. Specifically, the course provides an understanding of the economic framework within which a healthcare delivery system is shaped and financed, as well as how the outcomes of policies in the healthcare sector are evaluated. The course will introduce students to how the principles, theories, and tools of microeconomic analysis can be applied to analyze issues and problems arising in the field of health services, as well as to understand and analyze the economic behavior of consumers and healthcare providers.

Indicative topics include:

• Introductory concepts in Health Economics
• Health demand, Grossman model, Wagstaff model
• Supply of health services and the industrial organization of the healthcare sector
• Principal-agent relationship in the healthcare services market, behavior of healthcare providers, reimbursement systems
• Market failures in the healthcare services sector
• Health insurance, asymmetric information
• Equality in access to healthcare services
• Pharmaceutical market
• Behavioral Economics of Health
• Special topics in Health Economics

Lectures (3 hours per week)

The assessment language is Greek, and the assessment method consists of a final individual examination through a process of Multiple-Choice Questions, Short Answer Questions, and Problem Solving.

e-class, e-mails