Hsmu 135:Principles Of Health Care Economics Question Paper
Hsmu 135:Principles Of Health Care Economics
Course:Health Management System
Institution: Kenya Methodist University question papers
Exam Year:2010
SCHOOL OF HEALTH SCIENCES
DEPARTMENT OF HEALTH SYSTEM MANAGEMENT AND MEDICAL EDUCATION
DURATION: 3 HRS
INSTRUCTIONS: 1. Answer ALL Questions in Section A and TWO in Section B 2. Write your University ID on ALL scripts 3. Use only blue, black ball point or ink
SECTION A
Question 1
Briefly differentiate between the following economic terninologies
a) Scarcity and choices (5marks)
b) Health and Health care (5marks)
Question 2
a) State the laws of demand and supply (5marks)
b) Define the meaning of market equilibrium (5marks)
Question 3
List five types of costs in economics (10marks)
Question 4
Highlight five factors that affect demand for health care services other than the prices of goods and services (10marks)
Question 5
Define the following terminologies
a) Information asymmetry (2marks)
b) Induced demand (2marks)
c) Derived demand (2marks)
d) Free rider (2marks)
e) Externalities (2marks)
Question 6
Briefly explain the effect of the following government actions on the demand for health care products and services
a) Taxation (5marks)
b) Subsidy (5marks)
SECTION B
Question 7
Highlight five sources of health care finance in Kenya and discuss the advantages and disadvantages of each of the sources of finance you have highlighted (20marks)
Question 8
Discuss five challenges facing developing countries with respect to health care financing and how such challenges can be addressed (20marks)
Question 9
Mention five conditions that prevail in a perfect market and discuss the market failures that are associated with health care markets (20marks)
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