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This course will enable students to have a solid introduction to the theory, methods, and application of economic evaluation in health care with a specific focus on decision analysis and cost-effectiveness analysis. alternative approaches to modelling research questions for these fields. Approaches include calculation of costs and effectiveness measures using standard modelling methods. Compares outputs as a result of the decision tree and Markov modelling and introduces sensitivity analysis.
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Description
Course Objectives
At the conclusion of this course, students will be able to:- 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
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| Required Reading |
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| Recommended Reading |
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Course content
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- Overview of Decision Analysis and Cost-Effectiveness 01:00:00
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- Defining the Scope of a Cost-effectiveness Analysis I 01:00:00
- Defining the Scope of a Cost-effectiveness Analysis II 01:00:00
- Measuring and Valuing Costs 04:00:00
- Reporting and Interpreting Results of Economic Evaluation 02:00:00
Instructor
OpenCoursa
Accessible Education for Everyone
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