Inhalte

• (Life Science and international health) forces of demand and supply • Markets, welfare and government intervention in conjunction with the life science and international health • Market failure and public policies • Costs of production and firms in competitive markets with examples for life science and international health • Monopoly and oligopoly • Economics of labour markets • Externalities, Cost and Pigou • Economic analysis of environmental policy instruments • Risk and its regulation • Feed and tariffs • Economics of renewable and non-renewable resources

Lernziele

After successfully completing this module, students will be able to: • Explain key economic concepts, theories, and methods relevant to life sciences and international health, including the principles of microeconomics, macroeconomics, and environmental economics. • Analyze the economic dimensions of societal problems, including environmental degradation, resource depletion, and health disparities, using economic tools and frameworks. • Apply economic approaches to develop innovative solutions to real-world problems in life sciences and international health, taking into account the social, environmental, and economic implications of different policy interventions. • Evaluate the effectiveness of economic policies and interventions aimed at addressing environmental and health challenges, using data and evidence-based reasoning. By the end of this module, students will have gained a comprehensive understanding of how economic principles can be applied to address complex problems in life sciences and international health, and will be able to think critically about the economic dimensions of these challenges.

Prüfungsleistung

• Written exam, 90 min.

Literatur (4)

Baumol, W.J., Blinder, A.S. (2012) Economics: Principles and Policies, 12th edition, South-Western Cengage Learning, Mason/Ohio.
Mankiw, G.N., Taylor, M.P. (2010) Economics, South-Western Cengage Learning, Mason/Ohio.
Endres, A. (2007): Umweltökonomie, 3. Auflage, Kohlhammer, Stuttgart.
The Law and Economics of Public Health by Frank A. Sloan - This book provides an overview of the legal and economic aspects of public health, including the regulation of healthcare systems and the impact of law on public health outcomes