At the end of the module, students should be able to:
Knowledge
- Explain how and why health and healthcare are like and unlike other economic goods or Services;
- Describe the role of supply and demand in a market economy in general and the nature of medical care markets, specifically;
- Explain the major aspects of health insurance and its role in healthcare;
- Understand and apply methods for handling of uncertainty in an economic evaluation;
- Understand the nature and relevance of modeling in health economic evaluation;
- Understand the concepts and goals underlying early Health Technology Assessment;
Skills
- Define how the healthcare system (and particularly the way it is financed) impacts social welfare and health outcomes;
- Connect economic concepts to real-life/actual phenomena;
- Perform a systematic review of the literature;
- Perform a critical appraisal of an economic evaluation;
- Design an economic evaluation study consisting of a well-defined research question, a comprehensive description of the competing alternatives, the perspective and time horizon, including a costing study and an effectiveness study for the competing alternatives defining all relevant costs and health effects;
- Design and perform an economic evaluation by integrating the analyses above into a cost-effectiveness ratio dealing with uncertainty and interpreting the results in terms of health care decision making;
Attitude
- Ease into studying material regularly and consistently;
- Further increased independence (in particular in supporting elements of health economic evaluations);
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This module will be an e-learning module with hybrid lectures.
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