313.603.81
Economic Evaluation III
Location
Internet
Term
4th Term
Department
Health Policy and Management
Credit(s)
3
Academic Year
2020 - 2021
Instruction Method
Asynchronous Online with Some Synchronous Online
Auditors Allowed
No
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Emmanuel Drabo
Contact Email
Frequency Schedule
Every Year
Resources
Prerequisite
Economic Evaluation I (313.601) and II (313.602)
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.
Provides advanced content in Economic Evaluation and alternative methods of value assessment, building upon theoretical concepts taught in Economic Evaluation I and II, with a deeper look into decision analysis and cost-effectiveness and the alternative approaches of modeling research questions for these fields. Reviews theoretical concepts in labor and welfare economics pertaining to costing and effectiveness measurement at the patient-level that are used to conduct resource allocation in health. Provides methodology training in the building and execution of modeling for economic evaluation.
Learning Objectives
Upon successfully completing this course, students will be able to:
- Apply advanced methods of value assessment in health
- Determine the costs, effectiveness measures, and health outcomes associated with economic evaluation of public health topics
- Differentiate between decision analysis and cost-effectiveness analysis modeling methods
- Select the appropriate model type for economic evaluation problems
- Recognize practical considerations with modeling
Methods of Assessment
This course is evaluated as follows:
- 30% Lab Assignments
- 30% Final Exam
- 40% Group Project(s)
Enrollment Restriction
Undergraduate students are not permitted in this course
Jointly Offered With