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PU5501: ECONOMIC EVALUATION - APPLICATIONS AND POLICY (2022-2023)

Last modified: 31 Jul 2023 11:19


Course Overview

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 of health care interventions. It covers the principles of the two most common approaches to economic evaluation – using individual patient data collected alongside a randomised controlled trial, and the use of decision modelling 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.

Course Details

Study Type Postgraduate Level 5
Term Second Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Graham Scotland

What courses & programmes must have been taken before this course?

  • Pg Certificate in Health Economics (Studied)
  • Any Postgraduate Programme (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

This course considers how to identify the relevant costs and consequences for inclusion in an economic evaluation of competing health care interventions and introduces the alternative approaches for assessing and comparing these: 1) using individual patient data collected alongside a randomised controlled trial; and 2) using decision analytic modelling to synthesis data and evidence from a number of different sources. It goes on to consider how the results of health care economic evaluations should be appraised and interpreted to help inform the efficient allocation of scarce health care resources. Teaching and learning for this course involves a combination of recorded audio PowerPoint presentations, online tutorials, self-study (with guiding commentaries), practical exercises, use of discussion boards, and staged assignments.


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Essay

Assessment Type Summative Weighting 70
Assessment Weeks 12 Feedback Weeks

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Feedback Word Count
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualAnalyseIdentify 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.
ConceptualEvaluateDiscuss the common limitations of RCTs as a vehicle for the economic evaluation of health care interventions
ProceduralCreateInform the design of an economic evaluation based on cost and outcome data collected alongside a randomised controlled trial of alternative health care interventions.
ProceduralEvaluateInterpret and assess the robustness of the results of an economic evaluation for the purpose of informing policy and practice in health care.
ReflectionApplyDemonstrate a working knowledge of how simple decision models can be developed and implemented in Microsoft Excel.
ReflectionEvaluateArticulate a conceptual understating of how decision modelling can be used to overcome the limitations of RCTs for the purpose of economic evaluation.

Short answer questions

Assessment Type Summative Weighting 15
Assessment Weeks 8 Feedback Weeks 10

Look up Week Numbers

Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ProceduralEvaluateInterpret and assess the robustness of the results of an economic evaluation for the purpose of informing policy and practice in health care.
ReflectionApplyDemonstrate a working knowledge of how simple decision models can be developed and implemented in Microsoft Excel.

Short answer questions

Assessment Type Summative Weighting 15
Assessment Weeks 4 Feedback Weeks 6

Look up Week Numbers

Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
ConceptualEvaluateDiscuss the common limitations of RCTs as a vehicle for the economic evaluation of health care interventions
ProceduralCreateInform the design of an economic evaluation based on cost and outcome data collected alongside a randomised controlled trial of alternative health care interventions.
ReflectionEvaluateArticulate a conceptual understating of how decision modelling can be used to overcome the limitations of RCTs for the purpose of economic evaluation.

Formative Assessment

There are no assessments for this course.

Resit Assessments

Report: Individual

Assessment Type Summative Weighting 100
Assessment Weeks Feedback Weeks

Look up Week Numbers

Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
ProceduralEvaluateInterpret and assess the robustness of the results of an economic evaluation for the purpose of informing policy and practice in health care.
ReflectionApplyDemonstrate a working knowledge of how simple decision models can be developed and implemented in Microsoft Excel.
ConceptualAnalyseIdentify 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.
ConceptualEvaluateDiscuss the common limitations of RCTs as a vehicle for the economic evaluation of health care interventions
ReflectionEvaluateArticulate a conceptual understating of how decision modelling can be used to overcome the limitations of RCTs for the purpose of economic evaluation.
ProceduralCreateInform the design of an economic evaluation based on cost and outcome data collected alongside a randomised controlled trial of alternative health care interventions.

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