LICQual Level 3 Diploma in Health Economics

Learning Objectives

By the end of this course, learners will be able to:

Unit 1: Introduction to Health Economics

By the end of this unit, learners will be able to:

• Explain the core principles and concepts of health economics.
• Analyse the role of economics in healthcare decision-making and policy formulation.
• Evaluate the structure and function of different healthcare systems.
• Apply basic economic principles to improve efficiency in healthcare delivery.

Unit 2: Healthcare Financing and Resource Allocation

By the end of this unit, learners will be able to:

• Examine various healthcare financing models, including public and private systems.
• Analyse methods of budget allocation and resource management within healthcare organisations.
• Assess the impact of limited resources on patient care and service delivery.
• Apply principles of equity, efficiency, and sustainability in allocating healthcare resources.

Unit 3: Cost Analysis and Economic Evaluation in Healthcare

By the end of this unit, learners will be able to:

• Identify, measure, and analyse the costs associated with healthcare services.
• Conduct cost-effectiveness, cost-benefit, and cost-utility analyses.
• Evaluate healthcare interventions using economic evaluation methods.
• Apply economic evaluation techniques to real-world healthcare scenarios.

Unit 4: Health Policy, Decision Making, and Economic Impact

By the end of this unit, learners will be able to:

• Analyse the role of health economics in policy development and implementation.
• Evaluate frameworks for evidence-based healthcare decision-making.
• Assess the economic impact of healthcare policies on organisations and populations.
• Develop strategies to integrate economic analysis into policy and practice.

Unit 5: Health Data, Research Methods, and Analysis

By the end of this unit, learners will be able to:

• Identify and evaluate sources of healthcare data relevant to economic analysis.
• Apply quantitative and qualitative research methods in health economics.
• Analyse health data to support cost-effectiveness and policy decisions.
• Use statistical tools and software to conduct health economic research.

Unit 6: Contemporary Issues in Health Economics

By the end of this unit, learners will be able to:

• Critically evaluate current trends and challenges in global health economics.
• Assess the economic implications of technological innovations in healthcare.
• Analyse the impact of demographic changes and chronic diseases on healthcare resources.
• Apply critical thinking to solve complex health economic problems and inform decision-making.