313.631.01
Economic Evaluation II
- Location:
- East Baltimore
- Term:
- 3rd term
- Department:
- Health Policy and Management
- Credits:
- 3 credits
- Academic Year:
- 2015 - 2016
- Class Times:
-
- Wednesday, 3:30 - 6:20pm
- Auditors Allowed:
- No
- Grading Restriction:
- Letter Grade or Pass/Fail
- Course Instructor :
-
- William Padula
- Contact:
- William Padula
- Resources:
- Prerequisite:
Economic Evaluation I (313.630)
- Description:
-
Building upon the theoretical concepts taught in Economic Evaluation I, this course will provide advanced content in the areas of decision analysis and cost-effectiveness.
Provides advanced content in decision analysis and cost-effectiveness and alternative approaches of modeling research questions for these fields. Approaches include calculation of costs and effectiveness measures using standard modeling methods. Compares outputs as a result of decision tree and Markov modeling and introduces sensitivity analysis. Students participate in group projects to produce a well-thought model on a topic of their own choosing in decision analysis or cost-effectiveness.
- Learning Objectives:
-
Upon successfully completing this course, students will be able to:
- Differentiate between decision analysis and cost-effectiveness analysis modeling methods
- Determine the costs, effectiveness measures, and health outcomes associated with economic evaluation of public health topics
- Construct decision trees and Markov models
- Produce valid comparative results of economic evaluation(s)
- Analyze uncertainty through the use of Bayesian multivariate probabilistic sensitivity analysis
- Methods of Assessment:
5 homework assignments based on labs (50%); final exam (20%); final group project (30%)
- Enrollment Restriction:
undergraduate students are not permitted in this course
- Instructor Consent:
No consent required
- Jointly Offered With:
- Special Comments:
Since participation is a critical component of this course, instructor suggests that students should register for a letter grade.