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221.647.01
Advanced Topics in Economic Evaluation & Modeling for Global Health

Location
East Baltimore
Term
4th Term
Department
International Health
Credit(s)
3
Academic Year
2023 - 2024
Instruction Method
In-person
Class Time(s)
M, W, 1:30 - 2:50pm
Auditors Allowed
Yes, with instructor consent
Available to Undergraduate
No
Grading Restriction
Letter Grade or Pass/Fail
Course Instructor(s)
Contact Name
Bryan Patenaude
Contact Email
Frequency Schedule
Every Year
Prerequisite

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

Description
Rooted in economic theory, decision science and statistics, economic evaluation models and related methodologies continue to evolve into a diverse toolkit of techniques that allow us to better model and evaluate the costs, effects, and outcomes 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. Explore methodologies for benefit-cost analysis (BCA), eliciting and analyzing revealed and stated preferences for BCA and cost-effectiveness analysis (CEA), discrete choice experiments (DCE), incorporating equity into economic analyses utilizing weighting and benefit-incidence analysis (BIA), epidemic simulation, microsimulation, and multi-criteria decision analysis.
Learning Objectives
Upon successfully completing this course, students will be able to:
  1. Describe the theoretical basis for cost-benefit analysis as differentiated from cost-effectiveness analysis
  2. Demonstrate the use of stated preference methods, reveled preference methods, microsimulation, and multi-criteria decision analysis in the allocation of health care resources
  3. Describe methods for examining equity and behavioral agents in economic analyses
  4. Measure and integrate issues of access and equity into economic evaluations of public health policy
  5. Apply economic theory and economic evaluation modeling to interpret, analyze, and evaluate public health policy in a global context
  6. Design a CEA and BCA utilizing survey data and conduct a provider-perspective and societal-level CEA and BCA based on survey data
Methods of Assessment
This course is evaluated as follows:
  • 10% Participation
  • 60% Homework
  • 30% Group Project(s)
Enrollment Restriction
Undergraduate students are not permitted in this course
Jointly Offered With