 |
HEC820 - HEALTH ECONOMICS - 2ND OPP - JAN 2020 |
|
|
1 Page 1 |
▲back to top |
NAMIBIA UNIVERSITY
OF SCIENCE AND TECHNOLOGY
FACULTY OF MANAGEMENT SCIENCES
DEPARTMENT OF ACCOUNTING, ECONOMICS AND FINANCE
QUALIFICATION: BACHELOR OF ECONOMICS HONOURS
QUALIFICATION CODE: O8HECO
LEVEL: 8
COURSE CODE: HEC820S
COURSE NAME: HEALTH ECONOMICS
SESSION: JANUARY 2020
PAPER: THEORY
DURATION: 3 HOURS
MARKS: 100
EXAMINER(S)
MODERATOR:
SECOND OPPORTUNITY EXAMINATION QUESTION PAPER
Ms. Lavinia Hofni
Mr. Immanuel Nashivela
INSTRUCTIONS
1. This question paper consists of two Sections (A and B)
2. Answer ALL Questions in Section A and Answer only TWO questions in Section B
3. Write each question on a separate page in your answer booklet
4. Write neatly and legibly
THIS QUESTION PAPER CONSISTS OF 3 PAGES (Including this front page)
|
|
2 Page 2 |
▲back to top |
SECTION A
60 Marks
QUESTION 1 [20 marks]
1.1 Explain five desirable characteristics of insurance arrangements
[10 marks]
1.2 Define the following terms used in the health insurance market
a) Deductibles
b) Limitations
c) Pure premium
d) Loading fee
e) Exclusions
[2 marks]
[2 marks]
[2 marks]
[2 marks]
[2 marks]
QUESTION 2 [20 marks]
2.1. What is meant by market failure?
[10 marks]
2.2 Discuss the potential role of government in each instance of market failure found in the
health care sector?
[10 marks]
QUESTION 3 [20 marks]
3.1 Economists tend to treat government as a benevolent despot who knows what is good
for the economy and regulates accordingly. Do you agree or disagree with this
statement, support your answer.
[10 marks]
3.2 With practical examples discuss the different forms of Government intervention
[10 marks]
|
|
3 Page 3 |
▲back to top |
SECTION B
40 Marks
Intructions:
Answer ONLY two (2) questions in section B
QUESTION 1 [20 marks]
2.1. Given what you know about health and the pharmaceutical industry explain why
pharmaceutical profits are reported to be among the highest of all industries.
[20 marks]
QUESTION 2 [20 marks]
3.1 Economists argue that health is a type of “human capital.” Discuss? [10 Marks]
3.2 “Economics of scale and Economics of scope are relevant to health care” evaluate this
statement.
(10 Marks]
QUESTION 3 [20 MARKS]
3.1 Discuss and demonstrate the effect of technology in the production of health?
[20 marks]
GOOD LUCK!