Health Economics Past Papers Questions

By: Prof. Fazal Rehman Shamil

Guess Paper 1: Health Economics Fall – 2020 Past Papers

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q. 1: Do as Required
1. …………………………..is the discount rate where PV of total benefits equals the PV of total costs.
2. Benefit cost ratio equals………………………………………………
3. ……………………………………is the process to calculate PV of a future amount.
4. Simple annual rate of return =……………………………..
5. GNP is a ………………………………. variable.
6. Money value of only all………………………………goods is national income.
7. Discounted or modern way of making investment decision includes………………….. ,
a. ………………………………………………… and ………………………….. methods.
8. ………………………….. is the production sector where goods and services are produced.
9. NNP = GDP – depreciation cost. (TRUE/FALSE)
10. To avoid double counting indirect taxes are subtracted from GNP. (TRUE/FALSE)
11. Transfer of payments must be calculated in measuring national income. (TRUE/FALSE)
12. Pensions, unemployment allowances and scholarships are Govt. transfer payments. (TRUE/FALSE)
13. The payback period completely ignores benefits. (TRUE/FALSE)
14. A project will be accepted when NPV > 1. (TRUE/FALSE)

Attempt any FOUR from the following:

Q, 2: Explain two sector economies with the help of diagram.

Q, 3: Explain different concepts of national income.

Q, 4: Explain discounted or modern method of cash flow.

Q, 5: What is the difference between Macro Economics & Micro Economics?

Q, 6: What is the difference between Direct and Indirect Cost?

Q, 7: Write short notes on:
1. Difference between discounting and compounding.
2. What are the direct and indirect taxes?

Guess Paper 2: Health Economics Spring – 2020 Past Papers

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q1: Choose weather “True” or “False” – No need of rewriting the whole statement on your answer sheet.
Just write “True” or “False”.

I. The number of people who die per 100,000 population in a given year is called
mortality rate. (True/False)

II. When prices increase, the quantity demand will also increase. (True/False)

III. Economics is the study of choice under conditions of scarcity. (True/False)

IV. Macroeconomics focuses on the behavior of economic agents such as the consumer,
a business firm, or a specific market. (True/False)

V. The percentage change in quantity demanded due to the percentage change in price
is called price elasticity of demand. (True/False)

VI. Demand and Supply are called market forces. (True/false)

VII. Health economics is the study of how scarce resources are allocated to and within
the health economy. (True/False)

Q2: Define health economics. Further explain the scope and importance of health economics in the world of today.

Q3: Describe the concept of economic evaluation. Further explain that why the economic evaluation is important in today’s life. Support your writing with the subject related examples.

Q4: What is the difference between demand and supply? Graphically Explain that how the market equilibrium is achieved through the interaction of demand and supply.

Q5: Write a comprehensive note on health care financing. Support your answer by keeping the health sector and Pakistan’s economy in view.

Q6: Describe the structural adjustment program and discuss its impact on the health sector in Pakistan.

Q7: Attempt ANY TWO of the following;
(a) Define the terms equity, efficiency and cost.
(b) Shortly describe the difference between microeconomics and macroeconomics.
(c) Define Burden of Diseases in terms of health economics.

Guess Paper 3: Health Economics Fall – 2019 Past Papers

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q1: Choose weather “True” or “False” – No need of rewriting the whole statement on your answer sheet.
Just write “True” or “False”.

I. The number of people who die per 100,000 population in a given year is called
mortality rate. (True/False)

II. When prices increase, the quantity demand will also increase. (True/False)

III. Economics is the study of choice under conditions of scarcity. (True/False)

IV. Macroeconomics focuses on the behavior of economic agents such as the consumer,
a business firm, or a specific market. (True/False)

V. The percentage change in quantity demanded due to the percentage change in price
is called price elasticity of demand. (True/False)

VI. Demand and Supply are called market forces. (True/false)

VII. Health economics is the study of how scarce resources are allocated to and within
the health economy. (True/False)

Q2: Define health economics. Further explain the scope and importance of health economics in the world of today.

Q3: Describe the concept of economic evaluation. Further explain that why the economic evaluation is important in today’s life. Support your writing with the subject related examples.

Q4: What is the difference between demand and supply? Graphically Explain that how the market equilibrium is achieved through the interaction of demand and supply.

Q5: Write a comprehensive note on health care financing. Support your answer by keeping the health sector and Pakistan’s economy in view.

Q6: Describe the structural adjustment program and discuss its impact on the health sector in Pakistan.

Q7: Attempt ANY TWO of the following;
(a) Define the terms equity, efficiency and cost.
(b) Shortly describe the difference between microeconomics and macroeconomics.
(c) Define Burden of Diseases in terms of health economics.

Guess Paper 4: Health Economics Spring – 2019 Past Papers

Time Allowed: 3 hours

Total Marks:    70, Passing Marks (35)

Q1: Read the following statements and choose whether True (T) or False (F).
No need of rewriting the whole statement on your answer sheet. Just write “T” or “F”.

(a) Health economics focuses to study that how the limited resources are allocated to and
within the health economy. (T / F)
(b) When prices increase, the quantity demand will also increase. (T / F)
(c) The percentage change in quantity demanded due to the percentage change in price
is called income elasticity of demand. (T / F)
(d) GDP stands for Gross Domestic Product. (T / F)
(e) Mortality rate refers to the number of people who die per 100,000 population in a given
year; (T / F)
(f) Macroeconomics is that branch of economics which focuses on the behavior of
economic agents such as the consumer, a business firm, or a specific market. (T / F)
(g) Pakistan is a developed as well as an Industrial Country. (T / F)

Q2: Health Economics is an important subject in the health conscious world of today. Proceed with the given statement and explain the scope and importance of health economics in detail.
Q3: Describe the conceptual philosophy of demand and supply. Further explain graphically that how the prices are determined in a market and how the market equilibrium is achieved through the interaction of demand and supply?

Q4: Economic Evaluation is an important phenomenon. Write a comprehensive note on its scope and importance. Give suitable examples from daily life to support your answer.

Q5: Explain the concept of structural adjustment program. Further discuss the impact of this program on the health sector of Pakistan.

Q6: Write a comprehensive note on health care financing by keeping the health sector and the present scenario of Pakistan’s economy in view. Give few suggestions for the betterment.

Q7: Attempt ANY TWO of the following;

(a) Briefly describe the concept of Burden of Diseases.
(b) Define the term equity.
(c) Give your own opinion’s based suggestions for the betterment of health sector of Pakistan.