Healthcare Economics and Financial Management - PHCM9441

Faculty: Faculty of Medicine

School: School of Public Health and Community Medicine

Course Outline: See Course Outline

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisite: Students who are not enrolled in a postgraduate program in the School of Public Health and Community Medicine will need to provide approval from their program authority and the approval of the course convenor to

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.


This course combines health economics and healthcare financial management. There is an introduction to double entry accounting to provide a working knowledge of cash and accrual accounting, plus an analysis of balance sheets, profit and loss statements and cash flow statements. How to construct a budget in a healthcare environment is a core skill in this course. The health economics component of the course introduces students to important economic concepts such as opportunity cost and supplier-induced demand and illustrates how these concepts can be applied to the healthcare industry.

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