313.604.01
Economic Evaluation IV

Location
East Baltimore
Term
4th Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2018 - 2019
Instruction Method
TBD
Class Time(s)
Wednesday, 3:30 - 6:20pm
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Bryan Patenaude
Contact Name
Bryan Patenaude
Contact Email
bpatena1@jhu.edu
Frequency Schedule
Every Year
Prerequisite

Economic Evaluation I (313.601.01), II (313.602.01), and III (313.603.01)

Description
Cost-effectiveness analysis (CEA) is a multidisciplinary science which aims to systematically and rigorously compare health interventions to reach optimal decision-making. Rooted in economic theory, decision science and statistics, CEA (and related methodologies) continue to evolve into a diverse toolkit of techniques that allow us to better quantify costs and effects of healthcare technologies and public health interventions. Builds upon the theoretical concepts taught in Economic Evaluation I-II and the methodological skills taught in Economic Evaluation III.
Examines advanced methods in the economic analysis of health programs with applications to domestic and international health. Explores advanced topics including: Cost-Effectiveness Analysis (CEA) as well as advanced methodologies for benefit-cost analysis (BCA), eliciting and analyzing revealed and stated preferences for BCA and CEA, discrete choice experiments (DCE), incorporating equity such as benefit-incidence analysis (BIA), behavioral economics and economic evaluation, microsimulation, and multi-criteria decision analysis.
Learning Objectives
Upon successfully completing this course, students will be able to:
  1. Design a CEA and BCA utilizing survey data and conduct a provider-perspective and societal-level CEA and BCA based on survey data
  2. Describe the theoretical basis for cost-benefit analysis as differentiated from cost-effectiveness analysis
  3. Demonstrate the use of stated preference methods, reveled preference methods, microsimulation, and multi-criteria decision analysis in the allocation of health care resources
  4. Describe methods for examining equity and behavioral agents in economic analyses
Enrollment Restriction
Undergraduate students are not permitted in this course
Instructor Consent
Consent required for some students
Consent Note
Required if Economic Evaluation III was not completed in term 3 of 2018-2019.
Consent Contact
bpatena1@jhu.edu
Jointly Offered With
International Health