313.631.01 ECONOMIC EVALUATION II
This second part of the Economic Evaluation sequence delves deeper into the concepts taught in the Economic Evaluation I course, beginning with a look at alternative approaches to economic evaluation. Explores costs in more detail by examining the various adjustments to costs. Explores outcome measures in much more depth by investigating the theoretical framework for the value of health and health care to the consumer (e.g. Grossman), and examining methods for measuring health state preferences (e.g. TTO, SG, E5QD). Modeling is more time-intensive than previously. Students learn how to expand their models and construct a Markov model, as well as related techniques for deriving probabilities. Students also perform multivariate sensitivity analyses.
Upon successfully completing this course, students will be able to:
Identify the key features of different types of economic evaluation and explain when each type of evaluation is most appropriately used
Assess the relevance and value of economic evaluation for health policy and planning
Carry out an illustrative economic evaluation designed to guide the investment decisions of planners in developing health policy
- Wednesday 10:30 - 11:50
- Friday 10:30 - 11:50
The prerequisite for this course is to have completed Economic Evaluation I with a passing grade no lower than “B”.