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Course Catalog

313.632.01 ECONOMIC EVALUATION III

Department:
Health Policy and Management
Term:
4th term
Credits:
3 credits
Academic Year:
2012 - 2013
Location:
East Baltimore
Class Times:
  • W F,  10:30 - 11:50am
Auditors Allowed:
No
Grading Restriction:
Letter Grade or Pass/Fail
Contact:
Louis Niessen
Course Instructor:

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Description:

Provides provide students with a strong grounding in the several advanced concepts in economic evaluation. It is structured for students to develop a detailed example of an economic evaluation that could be published. The course will cover alternatives to traditional QALY estimation, stated preference estimation (including conjoint analysis), hypothesis testing, stochastic cost-effectiveness analysis, and advanced probabilistic modeling building. Problems associated with the interpretation of cost-effectiveness ratios will be discussed, as will possible solutions such as multiple technology assessment, variable cost-effectiveness thresholds, adjustments for compliance and equity weighting.

Learning Objectives:

Upon successfully completing this course, students will be able to:

  1. evaluate and participate in the conduct of economic evaluations using advanced modeling techniques
  2. describe advanced methods of placing a value on outcomes in an economic evaluation
Methods of Assessment:
Students are evaluated based on the quality of a paper that they submit; the quality of a critique they perform on another student’s paper; and the quality of a PowerPoint deck they create to describe a recent methodological advance in economic evaluation
Instructor Consent:
No consent required
Prerequisite:

313.631, Economic Evaluation II

Jointly Offered With: