Location: Melbourne, Australia
Eligibility: The program is open to undergraduate students with a minimum 2.5 GPA
Course Credits: ECON 362 Health Economics (3 credits)
Estimated Cost: $5200-5600 (airfare and personal spending not included)
Housing: Students will stay in shared student apartments or student residence housing
Language Requirements: None
Host: Daniels School of Business
Contact: businessstudyabroad@purdue.edu for more information
Daniels School students may apply for school specific scholarships in addition to the Purdue Global Leaps Scholarship. For more information visit our Financial Planning and Scholarships page!
Tim Moore
*Students can still apply for a scholarship up until March 1, but funds are not guaranteed
Health Economics - ECON 362
This course is designed to introduce students to the field of health economics. Health economics involves the application of economics principles and techniques to understand how to improve people’s health and provide healthcare effectively and efficiently. This is an enormously important topic, as nearly one-fifth of all income in the United States is spent on healthcare - more than food and clothing combined! - and American voters consistently list health and healthcare reform as their most important issue.
We will analyze health and healthcare theories, institutions, and key policy issues. You will learn that health economics is very broad, covering things like how to design health insurance programs, how people's own decisions affect their health, and how we should try to address challenges like the opioid crisis. In this course based in Melbourne, Australia, we will learn about health economics primarily by comparing the approaches and institutions in Australia and the United States. The course will be taught by a Purdue health economist who has also worked in health economics in Australia, and you will receive guest lectures from local experts, including doctors and policy makers who have worked in both Australia and the US.