School of Public Health and Community Medicine

Economic Evaluation in Healthcare (PHCM9440)

image - Economic Evaluation in Healthcare
Description

This course will provide students with an introduction to economic evaluation in healthcare, including its use as a tool to assist with government decision making. The course will focus on the concepts and the methods involved in cost-effectiveness/utility analysis. It will facilitate the development of skills required to critically appraise economic evaluations and illustrate how to apply the concepts involved to assess health interventions.

Credit points

This course is an elective course in the Masters of Public Health, Masters of Health Management, Masters of International Public Health and and Master of Infectious Diseases Intelligence. It comprises 6 units of credit towards the total required for completion of the study program.

Mode of study

External (Distance) and Internal (Face-to-Face) classes on campus.

Course aim

This course will provide students with an introduction to economic evaluation in healthcare, including its use as a tool to assist with government decision making. The course will focus on the concepts and the methods involved in cost-effectiveness/utility analysis. It will facilitate the development of skills required to critically appraise economic evaluations and illustrate how to apply the concepts involved to assess health interventions.

Course Outcomes

At the conclusion of this course, students should be able to:

  • Describe the concepts underpinning economic evaluation and its use in decision making
  • Identify relevant costs and consequences and the methods used to value them
  • Relate the methods and concepts of economic evaluation to a health intervention
  • Recognise and apply the key steps in critically appraising an economic evaluation
Learning and teaching rationale

Core content is provided through weekly lectures and practicals, which include the use of case studies and online student discussion. The lectures and tutorials will focus on illustrating the concepts essential to economic evaluation, within the context of practical healthcare examples. The practical sections will give you the opportunity to engage with the key concepts and discuss appropriate evaluation methods. The formal course assessments will enable you to apply the concepts you have learnt in the course to critically assess an economic evaluation and apply the concepts involved in economic evaluation to a healthcare intervention.

Assessment

Assessment 1 - Short Answers for Economic Evaluation
Weighting: 40%
Length: 1500 words

Assessment 2 - Critical Appraisal of an Economic Evaluation
Weighting: 60%
Length: 1800 words

Required textbook

The required textbook for the course (Drummond et al. 2015) is listed below. It is available in the University Bookshop.  This is the standard textbook in the field. It will be useful in this course and as a reference book in your future careers. If you cannot purchase it there is an eBook version available, which should allow you to access the whole book online during the course.

  • Drummond M, et al. Methods for the economic evaluation of health care programmes. 4th edition. Oxford. Oxford University Press. 2015.