NAME_________________________________________ SCORE_________

COURSE/YR.____________________________________ DATE__________



HEALTH ECONOMICS
Semi-Final Examination



GENERAL INSTRUCTIONS: 1. Choose the BEST ANSWER.
2. Write your answer on the official answer sheet.
3. STRICTLY NO ERASURES!
TEST I: MULTIPLE CHOICE

1. This particular process of production has to be maximized as this is one of the most important
objectives of economics:
A. Input B. Costs C. Process D. Money E. Output

2. This is considered to be as the efficiency in processing inputs:
A. Input B. Costs C. Process D. Money E. Output

3. This has to be used in optimal combinations:
A. Input B. Costs C. Process D. Money E. Output

4. This is the total revenues derived from all goods and services produced from within the Philippines:
A. GSP B. GGP C. GDP D. GNP E. GPP

5. These are the monetary value of producing a good or service:
A. Prices B. Costs C. Money D. Penny
6. The measure of all the costs entailed in producing a given level of output:
A. Total cost B. Average cost C. Marginal cost D. Opportunity cost

7. The measure of the total cost of production associated with each unit of output:
A. Total cost B. Average cost C. Marginal cost D. Opportunity cost

8. The measure of the resources associated with a small incremental change in output:
A. Total cost B. Average cost C. Marginal cost D. Opportunity cost

9. The cost of sacrificing other outputs/outcomes in favor of a chosen program:
A. Total cost B. Average cost C. Marginal cost D. Opportunity cost

10. This affects the orientation towards healthcare:
A. Marital status B. Higher Education C. Mothers Age D. Income E. Role of
mothers

11. These are costs that can be directly attributed to a specific output or product:
A. Direct costs B. Indirect costs C. Intangible costs D. Capital costs



12. These costs are incurred as a sacrifice for being in an ill health, or in performing a health-producing
activity:
A. Direct costs B. Indirect costs C. Intangible costs D. Capital costs

13. These are costs attached to entities that we cannot touch and feel:
A. Direct costs B. Indirect costs C. Intangible costs D. Capital costs

14. These are costs for items with a life expectancy of more than a year:
A. Capital costs B. Recurrent costs C. Intangible costs D. Capital costs
15. These are costs necessarily incurred each year or each month:
A. Capital costs B. Recurrent costs C. Intangible costs D. Capital costs




TEST II: TRUE OR FALSE (Write A if the statement is TRUE. Write B if the statement is FALSE)

1. Outcomes are the effects of the health interventions of which the costs were incurred.
2. Costs attached to the available options are measured against the health effects or benefits that they
will produce.
3. Males live longer, which may also be a reason for the greater demand for healthcare among men.
4. One or more organ system can develop ahead of other systems.
5. Economic evaluation techniques do not compare bucks and bangs.
6. Exposure to health risks becomes apparent during adulthood.
7. Nervous system develops rapidly from birth to about two years.
8. Cost Effectiveness Analysis is most frequently used evaluation technique.
9. Cost Effectiveness Analysis compares costs with the health inputs of each program or intervention
being evaluated.
10. Cost-Benefit Analysis values both costs and benefits in money terms and compares them through the
criteria.


TEST III: MATCHING TYPE

1. A form of CEA A. Finance
2. Pay something B. CUA
3. Taking out ones wallet C. Private insurance
4. Bought by individuals D. Dominant in the country
5. HMO E. Provider-initiated moral hazard
6. Companies administer for employees benefits
7. They put up clinics G. Adverse selection
8. Emanates from consumers H. Philhealth
9. Insurance hazards I. Actuarial risks
10. Emanates from providers J. Finding way to secure money to maintain/improve
health
11. National health insurance program K. Employer-based plans
12. Medical risks L. CBA
13. Emanates from insurance program M. Brought about by poor control of health service
utilization
14. Health Financing N. Consumer-initiated moral hazard
15. Quality adjusted O. Private schools


TEST IV: ENUMERATION
1-3. Production processes
4-7. Kinds of costs according to the behavior of costs
8-10. Kinds of costs according to the relationship of costs to the product of service produced
11-14. Types of economic evaluation
15-19. Different modes of private health financing
20. Meaning of HMO

TEST V: DISCUSSION (The following items are to be elaborated based on your understanding)

1. Decision making
2. Compare costs with benefits
3. Costs
4. Inputs


GOOD LUCK and GOD BLESS!





Prepared by:




MR. JOHN MICHAEL M. PITOY, B.S.N., R.N.
Instructor, Health Economics
BIT International College, Paramedics Department