SUBJECT

Title

Methodology of economic modelling in health care (1)

Type of instruction

lecture

Level

master

Credits

4

Recommended in

Semester 3

Typically offered in

Autumn semester

Course description

The module is designed for students who wish to learn basic modelling techniques for health care decision analysis. During the semester economic models related to common reimbursement questions are developed in MS Excel spreadsheets. By the end of the module students will be able to design, develop and interpret economic models and will be familiar with basic methods to handle uncertainties around resource allocation decisions.

Readings

Alastair M. Gray, Philip M. Clarke, Jane L. Wolstenholme, and Sarah Wordsworth: Applied Methods of Cost-effectiveness Analysis in Healthcare. 2011, Handbooks in Health Economic Evaluation, volume 3
Chapter 2. Economic evaluation in health care. pg. 7-39.
Chapter 8. Decision analytic modelling: decision trees. pg. 179-210.
Chapter 9. Decision analytic modelling: Markov models. pg. 211-248
Chapter 10: Representing uncertainty in decision analytic models. pg. 249-266
Chapter 11: Presenting cost effectiveness results. pg. 267-300
Andrew Briggs,Mark Sculpher, Karl Claxton. Decision Modelling for Health Economic Evaluation. Oxford University Press, 2006. ISBN 0-19-852662-8 ISBN 978-019-852662-9
Chapter 2. Key aspects of decision modelling for economic evaluation.
Chapter 3. Further developments in decision analytic models for economic evaluation
Johanesson, Magnus: Theory and Methods of Economic Evaluation of Health Care. Kluwer Akademic Publishers, 1996