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A systematic process of identifying, measuring and evaluating the inputs and outputs of two variables to identify the best one is economic evaluation.

In this course you will know how economic theory is linked to economic evaluation techniques like cost-benefit and cost-effectiveness analysis. You will get introduced to the many varieties of economic evaluation. You will know about cost measurement, benefit valuation, and incremental decision-making. Finally you will explore recommendations on performing economic evaluations.

Assessment

This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

Edukite courses are free to study. To successfully complete a course you must submit all the assignment of the course as part of the assessment. Upon successful completion of a course, you can choose to make your achievement formal by obtaining your Certificate at a cost of £49.

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Course Credit: JHSPH Open

Course Curriculum

Module: 1
Lecture 1: Introduction to Cost-Outcome Studies (Kevin Frick) 00:15:00
Lecture 2: Economics and Economic Evaluation (Kevin Frick) 00:15:00
Lecture 3: Study Designs (Kevin Frick) 00:18:00
Lecture 4: Types of Cost Data (Damian Walker) 00:25:00
Lecture 5: Discounting, Inflation, Capital Costs (Damian Walker) 00:18:00
Lecture 6: Productivity Cost Concepts (Kevin Frick) 00:15:00
Module: 2
Lecture 7: Contingent Market Valuation (Kevin Frick) 00:15:00
Lecture 8: What is a QALY or DALY (Kevin Frick) 00:15:00
Lecture 9: Preference Elicitation Methods (Kevin Frick) 00:25:00
Lecture 10: Multiattribute Utility Theory & Instruments (Kevin Frick) 00:32:00
Lecture 11: Decision Rules (Kevin Frick) 00:15:00
Lecture 12: Sensitivity Analysis and Inference (Kevin Frick) 00:25:00
Lecture 13: Reference Case & Global Recommendations (Kevin Frick) 00:30:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

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