Introduction
This unit examines the theories and frequently used techniques of economics, financial and managerial accounting in healthcare organisations. The unit is designed to develop students knowledge and skills for cost efficient and effective decision making based on lessons from both within Australia as well as internationally. Students are exposed to a broad range of topics, including: funding models; supply and demand factors; economic evaluations, financial statements and working capital cycle; budgeting approaches and key performance indicators; long-term investments and ratio analysis; cost allocation; and wastage and value based purchases. Students will have opportunities to hear from experts across Australia and participate in industry case studies and analysis.
Summary 2020
| Unit name | Health Finance, Economics and Accounting |
|---|---|
| Unit code | BAA754 |
| Credit points | 12.5 |
| Faculty/School | College of Business & Economics Tasmanian School of Business and Economics |
| Discipline | Australian Institute of Health Service Management |
| Coordinator | Dr Kathy Eljiz |
| Level | Postgraduate |
| Available as student elective? | Yes |
| Breadth Unit? | No |
Availability
Note
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TNE Program units special approval requirements.
* The Final WW Date is the final date from which you can withdraw from the unit without academic penalty, however you will still incur a financial liability (see withdrawal dates explained for more information).
Learning Outcomes
Develop an awareness of the funding model and core concepts of economics, financial and managerial accounting in the Australian health sector.
Justify the appropriate use of techniques of economics, financial and managerial accounting for cost efficient and effective managerial decisions in health.
Justify the appropriate use of techniques of economics, financial and managerial accounting for cost efficient and effective managerial decisions in health.
Review the ethical and practical implications of cost efficiency in health organisations, focusing on cost, patient safety and quality.
Identify futuristic theories and practices of economics, financial and managerial accounting in the health sector.
Fees
Teaching
| Assessment |
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| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required | Please see the unit outline for details. |
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