5 Economics Preparatory Programs in Guyana

This course attempts to provide students with the knowledge, skills, and basic economic arguments that are at the heart of health system financing. It provides a brief introduction to the conceptual clarity of health economics with emphasis on practical application to health financing and understanding how health resources are generated, pooled and used. It examines the main financing models of the health system, including health insurance, and their implications for the structure, planning and delivery of services. The course includes 4 modules: i) Principles of economics and health economics, ii) Health market, iii) Health services and resources, and iv) Health care financing. Under each module, there are 3 units and under each unit, 5 description themes. A student will thus have a broad understanding of health economics and its different aspects.

Consumer behaviour is a field of study that focuses on the individuals, groups and organizations and the processes that the consumers use to choose, procure and use the products or services. Consumer behaviour as a specialized branch of study incorporates the concepts from psychology, sociology, anthropology, marketing, economics, behavioural sciences, decision making science and the core management.

Biostatistics provides an introduction to some important topics in biostatistical concepts, measurements, and reasoning. This course provides students with knowledge of statistics and their applications in biomedical sciences. It represents the need and uses of biostatistics in public health and medicine, data measurement scales, graphical and schematic presentations of various data.

In this Accounting and Finance course, the basics of financial statements and all relevant terms are explained as they relate to the three pillars of financial statements – balance sheet, income statement, and cash flow statement. Analyse the performance of an organisation impacted by four fundamental drives of profitability: asset management, cost management, leverage management, and tax management.

Financial risks are generally classified into market risks. Due to movement in financial prices, credit risks, liquidity risks, cash flow constraints and operational risks which arise from human or technical problems. The course will cover measurement techniques for different types of financial risks and instruments. Describe the financial risk and investment management. Identify the various investment strategies.