2027 Unit information is now available. View 2027 unit information
Melbourne Study Centre, Ultimo Study Centre
Introduction
This unit examines the theories and frequently used techniques of economics, financial and managerial accounting in healthcare organisations. Public and private funding issues will be examined, across the acute, primary and aged care sectors. Students will apply this knowledge to determine cost efficient and effective decision making, taking into account safety, quality, resource considerations and principles of value-based healthcare, in general. Students will investigate critical topics and approaches, including funding models; supply and demand factors; economic evaluations, financial statements and working capital cycle; budgeting approaches and key performance indicators; and long-term investments. Students will have opportunities to hear from experts across Australia and participate in industry relevant studies and analysis.
Summary
| Unit name | Health Finance, Economics and Accounting |
| Unit code | BAA754 |
| Credit points | 12.5 |
| College/School | Tasmanian School of Business and Economics |
| Discipline | Australian Institute of Health Service Management |
| Coordinator | Mr Carl Fiedler |
| Delivered By | University of Tasmania |
| Level | Postgraduate |
Sustainable Development Goals
The Unit Coordinator has identified that this unit aligns with the following UN Sustainable Development Goals. We welcome your thoughts and feedback on the alignment of the unit with these goals.
Availability
| Location | Study period | Attendance options | Available to | ||
|---|---|---|---|---|---|
| Melbourne Study Centre | Semester 2 |
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| Ultimo Study Centre | Semester 2 |
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- Key:
On-campus
Off-Campus
International students
Domestic students
Note
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Key Dates
| Study Period | Start date | Census date | WW date | End date |
|---|---|---|---|---|
| Semester 2 | 5/7/2026 | 27/7/2026 | 30/8/2026 | 24/10/2026 |
* 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 (refer to How do I withdraw from a unit? for more information).
Unit census dates currently displaying for 2026 are indicative and subject to change. Finalised census dates for 2026 will be available from the 1st October 2025. Note census date cutoff is 11.59pm AEST (AEDT during October to March).
Learning Outcomes
- Appraise the funding models and core concepts of economics, financial and managerial accounting in the Australian health sector.
- Evaluate the use of techniques of economics, financial and managerial accounting for cost efficient and effective managerial decisions in health.
- Compare public and private funding issues across the acute, primary and aged care sectors.
- Argue the ethical and practical budget implications of cost efficiency focusing on cost, safety and quality.
- Assess how to improve the application of economics, financial and managerial accounting in the health sector.
Fee Information
| Field of Education | Commencing Student Contribution 1,3 | Grandfathered Student Contribution 1,3 | Approved Pathway Course Student Contribution 2,3 | Domestic Full Fee 4 |
|---|---|---|---|---|
| 080313 | $2,174.00 | $1,703.00 | not applicable | $3,239.00 |
1 Please refer to more information on student contribution amounts.
2 Please refer to more information on eligibility and Approved Pathway courses.
3 Please refer to more information on eligibility for HECS-HELP.
4 Please refer to more information on eligibility for FEE-HELP.
If you have any questions in relation to the fees, please contact UniConnect or more information is available on StudyAssist.
Please note: international students should refer to What is an indicative Fee? to get an indicative course cost.
Teaching
| Assessment | Short Answer 1.1 (15%)|Short Answer 1.2 (15%)|Presentation (30%)|Report (40%) |
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| Timetable | View the lecture timetable | View the full unit timetable |
Textbooks
| Required |
Required readings will be listed in the unit outline prior to the start of classes. |
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The University reserves the right to amend or remove courses and unit availabilities, as appropriate.