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Term: 2nd term
Credits: 3 credits
Contact: Greg Delissovoy
Academic Year: 2013 - 2014
Course Instructor:
  • Greg deLissovoy

The first in a three course sequence, students secure a solid foundation in economic evaluation and specifically cost-effectiveness analysis. Students construct a basic decision tree, perform a one-way (univariate) sensitivity analysis, and present the results in a tornado diagram

Learning Objective(s):
Upon successfully completing this course, students will be able to:
identify the cost-effectiveness paradigm, the cost-effectiveness plane and its use for ranking alternatives in league tables and expansion paths
describe the role of modeling in economic evaluation
identify economic costs and their sources
define basic measures of "effect" (natural units, QALYs, DALYs)

Methods of Assessment: homework assignments, in-class quizzes, and class participation, the modeling project, and a brief report (up to 1500 words plus references, tables and figures) describing the model and interpreting findings.
Location: East Baltimore
Class Times:
  • Wednesday 10:30 - 11:50
  • Friday 10:30 - 11:50
Enrollment Minimum: 10
Enrollment Maximum: 60
Enrollment Restriction: undergraduate students are not permitted in this course
Instructor Consent: No consent required
Auditors Allowed: No
Grading Restriction: Letter Grade or Pass/Fail
Jointly Offered With: