Last modified: 25 Sep 2019 09:58
This course is taken by students enrolled on Health Economics for Health Professionals (MSc/PGDip/PGCert). It is concerned with practical issues in the design and conduct of economic evaluation. It covers the principles of the two most common approaches to economic evaluation – using individual patient data collected alongside randomised controlled trials, and using decision models to synthesis data from a number of secondary sources. The course highlights the strengths and limitations of each approach, and emphasises their complimentary nature for informing value based health care decision making.
|Session||Second Sub Session||Credit Points||15 credits (7.5 ECTS credits)|
The aim of this course is to:
1) consider how to identify and extract appropriate data for use in an economic evaluation.
2) introduce the approaches to economic evaluation based on the analysis of individual patient data collected alongside randomised controlled trials, and decision modelling using data from systematic reviews.
3) understand how these approaches can be used to provide estimates of efficiency inform value based health care decision making.
|Assessment Weeks||12||Feedback Weeks|
|Assessment Weeks||4||Feedback Weeks||6|
|Assessment Weeks||8||Feedback Weeks||10|
There are no assessments for this course.
|Assessment Weeks||Feedback Weeks|
|Knowledge Level||Thinking Skill||Outcome|
|Conceptual||Analyse||Identify the resource use events (costs) and benefits that should be included, from a range of different perspectives, in the economic evaluation of alternative health care interventions.|
|Procedural||Create||Inform the design of an economic evaluation based on cost and outcome data collected alongside a randomised controlled trial of alternative health care interventions.|
|Conceptual||Evaluate||Discuss the common limitations of RCTs as a vehicle for the economic evaluation of health care interventions|
|Reflection||Evaluate||Articulate a conceptual understating of how decision modelling can be used to overcome the limitations of RCTs for the purpose of economic evaluation.|
|Reflection||Apply||Demonstrate a working knowledge of how simple decision models can be developed and implemented in Microsoft Excel.|
|Procedural||Evaluate||Interpret and assess the robustness of the results of an economic evaluation for the purpose of informing policy and practice in health care.|