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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