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Description
This module will provide you with an overview of the discipline of health economics, in-depth knowledge of economic evaluation and how the different methods are operationalised, and an ability to critically appraise economic evidence, and a broad understanding of the different healthcare financing systems globally. 听These are all topics that are essential for effective healthcare management.
You will be introduced to a number of topics that will then be coupled with discussion questions that you will engage with to enhance your understanding and knowledge. 听
Module Content:
1.听 听 Introduction to the economics of health and health care (what it is, what makes it unique, important concepts)
2.听听 听Introduction to economic evaluation (historical, need for it, comparative analysis, incremental approach, ICER)
3.听听 听Types of economic evaluation (CMA, CEA, CUA, CBA, CCA, plus RoI and Budget impact, merits of each, and audience)
4.听听 听Estimating Costs (identifying, measuring, valuing; sources; discounting, inflation, international prices)
5.听听 听Outcomes (clinical, QALYs, monetary benefits; identifying, measuring, valuing; sources; DALYs)
6.听听 听Applications of economic evaluations (clinical trials, decision analytic models, systematic review/meta analysis, checklists to appraise quality)
7.听听 听New developments in economic evaluation (equity informed economic evaluation, use of RWE, rapid evaluation, beyond QALYs)
8.听听 听Introduction to health financing (definitions, sources, types of systems, evaluation of effectiveness of health financing)
9.听听 听Health insurance (theory, market failure, role of government, types of health insurance models: public/social, private, HMOs, PPOs)
10.听 Priority Setting (rationing, evidence base, burden of illness, cost effectiveness thresholds, efficiency vs equity)
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 8th April 2024.
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