Health Economics and Applied Analysis

This topic introduces Zambian tertiary students to the fundamental principles of health economics and their practical application in analyzing healthcare markets, resource allocation, and policy decisions. Designed for diploma, degree, and professional program learners, it explores concepts such as supply and demand in health services, economic evaluation techniques (including cost-effectiveness, cost-benefit, and cost-utility analysis), and the role of health insurance systems. Students will examine the unique characteristics of healthcare as an economic good and apply economic theories to understand challenges within Zambia's health sector, such as funding constraints, access inequities, and efficiency improvements. The module equips learners with analytical tools to assess the economic impact of health interventions, inform priority-setting, and contribute to evidence-based health policy and planning. Mastery of health economics is crucial for tertiary examination success and prepares graduates for careers in health policy analysis, hospital administration, health financing, and roles within international health organizations operating in Zambia. By understanding the economic dimensions of health, students become adept at advocating for sustainable and equitable health systems that improve population health outcomes.