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Health economic theory

  • Number of credits 7.5 Credits
  • Level Master’s level
  • Starting Autumn Term 2020

About the course

While health itself cannot be traded on any market, products and services that produce health are traded on a number of different markets. Competition between providers, and diffferent provider payment methods (e.g. fee-for-service, capitation, pay-for-performance) create financial incentives that influence provider behaviour. Pre-payment systems are common (including tax, public and private health insurance), meaning that health care is rarely fully paid for by the consumer at the point of use. Severe market imperfections, such as information asymmetries between patients, providers and payers, mean that simplified economic models are of little to no use in analysing health financing and health care markets.
This course equips students to describe and discuss how the discipline of economics analyses the production of health, and to analyse the financing and production of health care in relation to the policy objectives of efficiency and equity. A limited amount of mathematical notation is used to introduce theoretical models. Empirical examples are mainly drawn from Sweden and from low- and middle-income countries.

Application and eligibility

Health economic theory, 7.5 hp

Visa tillfällen för föregående termin Autumn Term 2020 Det finns inga senare terminer för kursen


30 September 2020


1 November 2020

Study location




Type of studies

Daytime, 100%

Required Knowledge

For non-programme students applying as single-course students, the requirements are 120 ECTS, of which a minimum of 30 ECTS are within one of the following: health sciences, environmental health or social sciences.

English proficiency equivalent to English B/6 from Swedish Upper secondary education. 


Academic credits Applicants in some programs at Umeå University have guaranteed admission to this course. The number of places for a single course may therefore be limited.

Application code



Online applications are now open. You will be transferred to Application deadline is 15 January 2020.

Application and Tuition fees

As a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.

Application fee


Tuition fee, first instalment


Total fee


Contact us

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Course is given by
Epidemiology and Global Health
Contact person for the course is:
Angelica Johansson