This course offers an introduction to economic evaluation, with a focus on cost-effectiveness analysis, to guide decision-making in healthcare services. Students will gain foundational knowledge in economic concepts and learn how to apply these principles to evaluate the costs and health benefits of various healthcare programs.
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This course offers an introduction to economic evaluation, with a focus on cost-effectiveness analysis, to guide decision-making in healthcare services. Students will gain foundational knowledge in economic concepts and learn how to apply these principles to evaluate the costs and health benefits of various healthcare programs.
This course offers an introduction to economic evaluation, with a focus on cost-effectiveness analysis, to guide decision-making in healthcare services. Students will gain foundational knowledge in economic concepts and learn how to apply these principles to evaluate the costs and health benefits of various healthcare programs.
The curriculum covers multiple types of economic evaluations, emphasizing Quality Adjusted Life Years (QALYs) as a key outcome measure for benefits. Additionally, the course will explore the use of decision trees and Markov models, providing insights on how to interpret the results of cost-effectiveness studies effectively.
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Syllabus
Introduction to Economic Evaluation for Health Care
In this module, you will be introduced to the foundational concepts of economic evaluation in health care. We will cover the essential background, key concepts, and definitions that will set the stage for the analytical methods you will learn in the next modules.
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Health care economic evaluation & decision making
Offers a comprehensive introduction for beginners and professionals.
Equips learners with tools for real-world healthcare decision-making.
The course effectively simplifies complex health economic concepts.
Activities
Review basic concepts of statistics and probability
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Strengthen your foundation in statistics and probability, as they are prerequisite knowledge for this course.
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Statistics
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Review statistical concepts such as mean, standard deviation, and confidence intervals.
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Review probability concepts such as conditional probability and Bayes' theorem.
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Practice solving problems involving these concepts.
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Consider using online resources or textbooks for reinforcement.
Compile a glossary of key terms and definitions in economic evaluation
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Improve your understanding and retention of key terminology by creating a personalized glossary.
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Economic Evaluation
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Review course materials and identify important terms and definitions.
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Create a list of these terms and their definitions.
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Organize the terms alphabetically or by topic.
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Add examples or explanations to enhance understanding.
Solve practice problems on QALY (Quality-Adjusted Life Year) calculation
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Reinforce your understanding of QALY, a key outcome measure used in cost-effectiveness studies.
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Review the concept of QALY and its calculation.
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Practice calculating QALYs using provided examples.
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Attempt solving QALY calculation problems independently.
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Review your solutions and identify areas for improvement.
Two other activities
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Watch tutorials on cost-effectiveness analysis modeling
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Gain insights into modeling techniques used in cost-effectiveness studies.
Browse courses on
Cost-Effectiveness Analysis
Show steps
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Find online tutorials or courses on cost-effectiveness analysis modeling.
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Follow the tutorials, taking notes on key concepts and methods.
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Apply the concepts to practical examples.
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Consider using software or tools for modeling, if available.
Develop a decision tree or Markov model for a healthcare intervention
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Apply your knowledge of modeling techniques to evaluate healthcare interventions.
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Decision Tree
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Choose a healthcare intervention to evaluate.
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Identify relevant outcomes, costs, and uncertainties.
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Construct a decision tree or Markov model to represent the intervention.
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Analyze the model to determine the cost-effectiveness of the intervention.
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Present your findings in a report or presentation.
Review basic concepts of statistics and probability
Show steps
Strengthen your foundation in statistics and probability, as they are prerequisite knowledge for this course.
Browse courses on
Statistics
Show steps
- Review statistical concepts such as mean, standard deviation, and confidence intervals.
- Review probability concepts such as conditional probability and Bayes' theorem.
- Practice solving problems involving these concepts.
- Consider using online resources or textbooks for reinforcement.
Compile a glossary of key terms and definitions in economic evaluation
Show steps
Improve your understanding and retention of key terminology by creating a personalized glossary.
Browse courses on
Economic Evaluation
Show steps
- Review course materials and identify important terms and definitions.
- Create a list of these terms and their definitions.
- Organize the terms alphabetically or by topic.
- Add examples or explanations to enhance understanding.
Solve practice problems on QALY (Quality-Adjusted Life Year) calculation
Show steps
Reinforce your understanding of QALY, a key outcome measure used in cost-effectiveness studies.
Show steps
- Review the concept of QALY and its calculation.
- Practice calculating QALYs using provided examples.
- Attempt solving QALY calculation problems independently.
- Review your solutions and identify areas for improvement.
Watch tutorials on cost-effectiveness analysis modeling
Show steps
Gain insights into modeling techniques used in cost-effectiveness studies.
Browse courses on
Cost-Effectiveness Analysis
Show steps
- Find online tutorials or courses on cost-effectiveness analysis modeling.
- Follow the tutorials, taking notes on key concepts and methods.
- Apply the concepts to practical examples.
- Consider using software or tools for modeling, if available.
Develop a decision tree or Markov model for a healthcare intervention
Show steps
Apply your knowledge of modeling techniques to evaluate healthcare interventions.
Browse courses on
Decision Tree
Show steps
- Choose a healthcare intervention to evaluate.
- Identify relevant outcomes, costs, and uncertainties.
- Construct a decision tree or Markov model to represent the intervention.
- Analyze the model to determine the cost-effectiveness of the intervention.
- Present your findings in a report or presentation.
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