What is Health Economics?

Requirements: 300

1 ECON 7460 Health Economics 2023 Assignment 2: Video Assignment: What is Health Economics? Task Description The video must be submitted with a script of the speech provided, uploaded as an additional document, i.e. two items are to be submitted. Please complete the following assignment: • 1–3 minute video on ‘What is Health Economics?’ • Write a summary (about 300-500 words) introduction on health economics, demonstrating the main issues and how it departs from standard microeconomics. • Discuss 3 main issues, taken from the following list:  opportunity cost  efficiency and equity trade-off  asymmetry of information  market failure  Grossman model and how it differs (investment)  Uncertainty  scarce resources  need vs want  profit max • Your audience is the general public. • Record this as a video in 1 to 3 minutes. The video can be just one minute, or up to a maximum of 3 minutes. Submission • Submit online using the Turnitin link provided on the course blackboard site by the due date and time indicated in the course ECP. • Submission from August 21st-25th August, 2023, 2pm) upload video and script in Blackboard Marking: 25% in total provided, with marking as follows out of 100 marks: • Accuracy of content 30 marks

2 • Communication of content 20 marks • Written evidence of 300-500 words, provided as a separate file 40 marks • Innovation in delivery (e.g. use of technology for video) 10 marks Total marks 100 Please see Rubric on page 2 below. Tips: • In tutorial 1, you will be provided with resources and tips on how to do this effectively. • Example videos are provided on Blackboard (under Assignment examples) • Links to 3MT videos are provided in Lecture 1 folder on Blackboard • Writing tips provided in Lecture 1 • Writing resources provided in Library and in Lecture 1

3 High Dis�nc�on 85-100% Dis�nc�on 75-84% Credit 65-74% Pass 50-64% Fail <50 Accuracy of content (40 marks) The content presented gives a thorough and insigh�ul overview of health economics and chosen three main issues in the video. The content presented gives a comprehensive overview of health economics and chosen three main issues in the video. The content presented gives a clear overview of health economics and chosen three main issues in the video. The content presented gives a correct overview, with some errors, of health economics and chosen three main issues in the video. The content in your video has several errors. Fewer than three main issues are discussed in your video. Oral Communica�on (20 marks) Key concepts and ideas are presented in a clear, fluent, coherent manner. There are obvious and clear connec�ons between your sec�ons, enhancing the structure. Key concepts and ideas are presented in a clear manner with a logical structure. Key concepts and ideas are mainly clear. The connec�ons between discussion points are not always obvious. Key concepts and ideas are not always clear. Key concepts and ideas are not clear. Writen Communica�on (script) (30 marks Your script is clearly well-organised and well-structured. Your wri�ng is fluent, informa�ve, and engaging. Correct grammar and spelling are used throughout, with no errors. Your script follows the structural requirements of the task. Your wri�ng is mostly fluent and informa�ve. Correct grammar and spelling are used throughout, with the occasional minor error. Your script organises content reasonably well, but it could be beter structured in places. Your wri�ng flows well in most places. Mostly appropriate grammar and spelling is used with several minor errors. Your script does not follow the structural requirements of the task and has several errors. Your wri�ng tends to be disjointed. Grammar and spelling are consistently incorrect with several minor and/or major errors. Your script does not follow the structural requirements of the task and has several major errors. Your wri�ng is disjointed. Grammar and spelling are consistently incorrect with many major errors.

4 Innova�on in delivery (10 marks) Your video uses visuals (e.g., using tables, graphs, diagrams) crea�vely to enhance presenta�on and extend audience understanding. Your video uses visuals (e.g., using tables, graphs, diagrams) to provide audience understanding. Your video uses relevant visuals, but they are not always clear. Your video uses visuals with some relevance. The visuals in your video are not relevant.