Course Objectives

• Define Basic Concepts of Economic Evaluation
• Understand different Methods and Tools of Economic Evaluation
• To define the scope of an economic evaluation
• To understand how to frame comparators for your audience based on a target population
• What are the alternatives to a vaccine program?
• To define the perspectives impacted by a vaccine program
• To understand how to frame the time horizon of a vaccine program
• To consider the impact of vaccines on different stakeholders at different time points
• To differentiate between uses of decision tree and Markov model
• To identify study designs that contribute to better cost, effectiveness and probability parameter estimates
• To understand the process of probability extraction from high-quality sources
• To describe the measurement of health gains in terms of health state preference and natural units
• To provide background on the rationale and importance of Decision Analysis (DA) and Cost-effectiveness Analysis (CEA)
• To explain the theoretical foundation's DA/CEA

Course Sessions and Credit Hours

• Overview of Decision Analysis and Cost-Effectiveness (1 Hour)
• Defining the Scope of a Cost-effectiveness Analysis I (1 Hour)
• Defining the Scope of a Cost-effectiveness Analysis II (1 Hour)
• Study Design Components of Economic Evaluation (1 Hour)
• Measuring and Valuing Costs (4 Hours)
• Measuring and Valuing Health Outcomes (1 Hour)
• Reporting and Interpreting Results of Economic Evaluation (2 Hours)
• Introduction to Decision Tree Modeling (4 Hours)

Readings