ECON32202 HEALTH ECONOMICS MOCK EXAM
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ECON32202
HEALTH ECONOMICS MOCK EXAM
MOCK ONLINE OPEN BOOK EXAMINATION
Please note that this mock exam is based on last years’ ‘real exam’. However, this
year the questions are shorter and the word limits are tighter, and hence it is not
exactly the same.
The rubric below will be the same (or very similar) to the ‘real’ exam this year.
INSTRUCTIONS SPECIFIC TO THIS EXAM
There are two sections in this exam; Section A and Section B. Each Section contains two questions. Answer ONE question from Section A and ONE question from Section B.
Each question is marked out of a possible 100 marks. Marks and word limits for component parts of questions are clearly shown in parentheses.
Your answers should be typed. You can include images of algebra or figures as long as the quality is sufficient so that it can be easily read. Where relevant, questions include word limits. These are limits, not targets. Excellent answers can be shorter than the word limit. If you go beyond the word limit the additional text will be ignored . Where a question includes a word limit you HAVE to include a word count for your answer (excluding formulae). You could use https://wordcounter.net to obtain word counts.
This is an ‘open book’ exam, and you are allowed to consult your lecture materials.
Candidates are therefore reminded that it is important to show understanding and, where appropriate, critique. Simply reproducing material from the lecture notes is not enough to guarantee good marks.
GENERIC INSTRUCTIONS RELATING TO ONLINE EXAMS AND SUBMISSIONS
Please refer to instructions in the “May/June Exam” folder in the “Assessment” tab of BlackBoard for further generic information and instructions relating to formatting, word limits, timings, referencing, IT problems and submission.
Section A: Answer ONE question from this section
1. Critically assess the real-world relevance of the Grossman model. (100 marks; 750 words)
2. Explain and critique the Newhouse (1970) utility maximisation model as a possible alternative to profit maximisation. (100 marks; 750 words)
Section B: Answer ONE question from this section
3. Read the following paper, and then answer the questions below:
Fichera, E., Mora, T., Lopez-Valcarcel, B.G. and Roche, D., (2021). How do consumers respond to “sin taxes”? New evidence from a tax on sugary drinks. Social Science & Medicine 274:113799. Available onlinehere.
(a) Discuss the goals of the policy from the perspective of social welfare,
focusing on the conditions for its success (e.g. in terms of consumer behaviour, government tax targeting, etc.). (70 marks, 500 words)
(b) Did the government achieve the intended goals of the policy (and why or why not)? Motivate your answer. (30 marks, 250 words)
4. (a) Discuss at least one reason which makes community-based health insurance schemes implemented in various Low- and Middle-Income countries (LMICs) prone to failure, in light of the features of health insurance markets introduced in Topic 4. Focus on factors specific to LMICs and clearly explain the underpinning mechanisms for failure. (50 marks, 400 words)
(b) Critically discuss the reliance of many LMICs on external sources to finance
health care, proposing at least one argument (either in favour or against) to support your answer. (50 marks, 350 words)
2023-05-10