London School of Hygiene & Tropical Medicine

The module explores how economic theory can be used to describe and analyse the health system’s organisation and financing, and people’s behaviour in the health sector. It provides policy recommendations for low-, middle- and high income countries.

 This module aims to improve students' skills for undertaking health economics analysis for health policymaking and health systems management.

Intended learning outcomes

Upon successful completion of the module a student should be able to: 

1. Describe alternative ways of financing and organising health systems, and analyse them using the economic concepts of information, agency, incentives, and rationality.
2. Analyse the nature and operation of markets for delivery of healthcare, healthcare finance, and key health service inputs, identifying their strengths and weaknesses (market and government failures).
3. Analyse different rationing mechanisms in terms of their implications for equity and efficiency, and discuss the concepts of equity in health care in terms of both its conceptual basis and practical applications.
4. Analyse how behavioural biases and impulsive behaviour can be harnessed to improve people’s health, and what the limitations of nudging are.
5. Analyse potential policies to address market and government failures, such as regulation, pay for performance, and contracting for health services.

Assessment

This module is assessed by:

• A 3,300 word Assessed Assignment (30%).
• A Time Limited Assessment (70%).

Mode of delivery

Our distance learning modules are delivered entirely online via directed self-study and online materials via the Virtual Learning Environment.

Module duration

Distance learning module studies begin at the start of October each year. Students may start their studies at any time once they gain access to Moodle (the virtual learning environment) and study materials, and work through the materials in line with the assessment schedules. The study year runs from the beginning of October through to June examinations. Some students also study between June and September with extended tutorial support (e.g. those undertaking projects, the Clinical Trials integrating report, or two of the Epidemiology modules). Deadlines for submission of coursework vary per programme but are usually in February, March, May, and September.

How you'll study

Our distance learning programmes are predominantly online and largely self-directed study to enable you to study independently and at times convenient to you. You'll have access to tutorial support and the ability to interact with other students and form study groups throughout the study year via the discussions in our Virtual Learning Environment, Moodle.

Credits

• CATS: 15
• ECTS: 7.5

Module specification

For full information regarding this module please see the module specification.

Please note: information based on the 2025-26 module specification subject to change for 2026-27 entry.