313.632.01 ECONOMIC EVALUATION III
Provides students with an overview of the increasingly important role of stated-preference methods within economic evaluation. Specifically focuses on the measurement of the priorities and preferences of patients and other stakeholders in public health and demonstrates how results can be used to inform policy – both in the US and internationally. Introduces students to a range of stated-preference methods (including conjoint analysis, discrete-choice experiments, best-worst scaling and contingent valuation) and will explore modern approaches for developing policy-relevant metrics, including estimating healthy-years-equivalents (HYE), maximal-acceptable risk (MAR), and willingness-to-pay (WTP). Students develop a working knowledge of these methods through a diverse set of case studies, brief assignments and a group project.
The primary objectives of this course are: (1) to introduce students to advanced topics in economic evaluation (including advanced probabilistic modeling) (2) to have students consider the limitations (and alternatives) to the traditional cost-per-QALY paradigm; and (3) for students to develop a working understanding of the factors involved in writing a publishable cost-effectiveness analysis or other applied economic evaluation.
Upon successfully completing this course, students will be able to:
Describe a variety of stated-preference method and how they might be used in economic evaluation to inform health policy, both in the US and internationally
Appropriately use stated-preference methods to create policy-relevant metrics, including estimating healthy-years-equivalents (HYE), maximal-acceptable risk (MAR), and willingness-to-pay (WTP).
Independently design, implement, analyze and report on an application of stated-preference methods to a policy-relevant topic in public health.
- Wednesday 10:30 - 11:50
- Friday 10:30 - 11:50
313.631, Economic Evaluation II