313.631.01
Economic Evaluation II
Location
East Baltimore
Term
3rd Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2017 - 2018
Instruction Method
TBD
Wednesday, 3:30 - 6:20pm
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
William Padula
Contact Name
William Padula
Contact Email
Frequency Schedule
Every Year
Resources
Prerequisite
Economic Evaluation I (313.630)
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
Enrollment Restriction
undergraduate students are not permitted in this course
Jointly Offered With
Since participation is a critical component of this course, the instructor suggests that students should register for a letter grade. In addition, this course is intense in programming with Microsoft Excel and Visual Basic Code; students should be comfortable performing these computing methods to satisfactorily complete the course.