To ensure delivery and utility of quality healthcare in Precision Medicine, this course will guide students on the critical considerations – ethics, regulation and economics, that will affect healthcare accessibility to patients.

Ethics: An overview of ethical values, analysis, and reflection that can inform the development, promulgation, and use of genomics and big data science in precision medicine will be taught. We will first provide an ethical framework with practical steps for guiding decision-making and then teach students how to apply to case studies.

Regulation: An overview of the underlying principles in the regulation of health products in precision medicines that guide  responsible and well-informed decision for the patients, and uphold the need for safe, quality and efficacious interventions will be taught.

Economics: A brief overview of microeconomics, the types of questions it addresses, the tools it employs, and uses in the context of precision medicine will be taught. Basic concepts in economics, including demand, supply, market equilibrium, and elasticity will be included. Basic principles of decision making, and useful tools for identifying the choice that strikes the best balance between benefits and costs, and various degrees of price discrimination will also be covered.