B.A. Economics
8th Semester Syllabus
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MJC-16 : Economics of Health and Education
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Unit 1: Role of Health, Hygiene and Education in Human Resource Development
◦Importance in poverty alleviation
◦Health and education outcomes and their relationship with macroeconomic performance
◦Importance of Hygiene
Unit 2: Microeconomic Foundations of Health Economics
◦Demand for health
◦Uncertainty and health insurance market
◦Alternative insurance mechanisms
◦Market failure and rationale for public intervention
◦Equity and inequality
◦Costing
◦Cost effectiveness and cost-benefit analysis
◦Burden of disease
Unit 3: Health Sector in India: An Overview
◦Health outcomes
◦Health systems
◦Health financing
◦Mental Health in India: Concept and issues
Unit 4: Education Sector in India: An Overview
◦Literacy rates
◦School participation
◦School quality measures
◦Rate of return to education: private and social
◦Quality of education
◦Signaling or human capital
◦Theories of discrimination
Reference Books:
- William, Jack, Principles of Health Economics for Developing Countries, World Bank Institute Development Studies, 1999.
- World Development Report, Investing in Health, the World Bank, 1993.
- Ronald G., Ehrenberg and Robert S., Smith, Modern Labor Economics: Theory and Public Policy, Addison Wesley, 2005.