Animal Health Economics (VETS7009)


After completing Animal Health Economics, participants will be able to: Discuss the importance of animal diseases in efficiency of animal production, consumers' perceptions of animals and animal products, and global trade; Analyse economic problems using basic methods such as partial budgeting, cost-benefit analysis and decision analysis; Detail the critical steps in systems analysis and choose appropriate modelling types and techniques; Describe the uses of linear and dynamic programming, and Markov chain and Monte Carlo simulations; Discuss the basic principles of risk analysis; Explain the basic steps in the decision-making process and the role of risk analysis in this process; Explain the role of decision support systems in animal health management and demonstrate their profitability; Build and interpret spreadsheet models for economic analyses in MS EXCEL; Discuss the importance of Animal Health Economics in decision making, implementation and evaluation of animal health programs, and policy development and implementation processes.

Our courses that offer this unit of study

Further unit of study information


Online Semester 2 Weeks 8-14


Student participation in weekly online discussions and other learning activities in the online classroom (15%); online quizzes (45%); report, done in pairs (40%).


J. Rushton The Economics of Animal Health and Production. CAB International, Oxford, 2009.

Faculty/department permission required?


Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.