Imperial College London

Dr Laure de Preux

Business School

Assistant Professor



+44 (0)20 7594 9349l.depreux




486City and Guilds BuildingSouth Kensington Campus




Healthcare and Medical Analytics - BUSI97278


Course Leader

Intercalated BSc Group Project - BUSI97511


All students will contribute to a group project.  Typically the groups will consist of 6 students.  Each group will be supervised by a School faculty member - not necessarily one who is involved in the formal teaching of the programme.  The project occupies part of the spring term and the whole of the summer term, culminating in a group presentation and submission of report in May 2015.


The objectives of the different projects may vary, but are likely to include:

an application of management techniques, principles or concepts to the analysis of a specific problem arising in some health care organisation or

analysis of a particular health related industry or aspect of the economy or

further development of a generalised technique or model or

a deeper understanding and explanation of the literature relating to a pertinent area of health care management,

experience of working in a team


Course Leader

Health Economics - BUSI97512


  • To analyse principles of micro economics and their application to health care
  • To examine issues of efficiency and equity and their application to health care

Knowledge Objectives
To give students an understanding of:

  • The nature of the demand for health and health care
  • The nature of the supply of health care
  • Markets and market failures in health care
  • The agency relationship and the possibility of supplier induced demand
  • Reasons for caring about the health of other people
  • How to evaluate a new treatment or drug
  • Issues in the rationing of health care

Learning Outcomes:

  • Demand for health care. Health and health care Demand for health. Demand and supply of health care.
  • Production, Costs, and supply of health care. Production functions and frontiers. Cost Functions.
  • Public intervention in health care: market failures. Competitive markets. Market failures. Public intervention in health care.
  • Market failures & Government Intervention. Monopoly. Externalities. Public Goods. Doctor behaviour models: agency,target income, profit maximization, supplier induced demand.
  • Market failures & Government Intervention. Asymmetric and imperfect information: adverse selection and moral hazard. Merit Goods. Equity.The principle of economic evaluation in health. Welfare Economics. Economic Foundations. Cost-benefit analysis. Cost-utility analysis. Cost-effectiveness. Measuring and Valuing Health Care Output. The viewpoint. Estimating Costs and Health Gains. Decision making.

Skill Objectives
Through the module students should develop the ability to:

  • Apply the key tools of microeconomics to health care
  • Comment knowledgeably from an economics perspective on health policy
  • Critically appraise economic evaluations of health care technologies


Course Leader