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PUBH736 Economic Evaluation

Skills in economic evaluation including types of economic evaluation, cost-effectiveness analysis, measuring and valuing costs and benefits, prioritisation and decision-making in health and evaluation of new health technologies.

Methods for analysing costs of health interventions will be introduced. Students will learn options for valuing outcomes of health services, including traditional methods such as saving of life, as well as valuing improvements in quality of life. This paper will provide students with an understanding of cost utility analysis and cost benefit analysis. Case studies will include the methods that statutory agencies use to make decisions on purchasing new health technologies, such as those used by PHARMAC and NICE. This paper will also cover methods used in the WHO and World Bank studies of the Burden of Disease and how these are used to investigate investments in health interventions. Students will also gain an understanding of different options for prioritisation.

Paper title Economic Evaluation
Paper code PUBH736
Subject Public Health
EFTS 0.1250
Points 15 points
Teaching period(s) 1st Non standard period (4 September 2017 - 27 October 2017), 1st Non standard period (4 September 2017 - 27 October 2017), 1st Non standard period (4 September 2017 - 27 October 2017)
Domestic Tuition Fees (NZD) $1,346.38
International Tuition Fees (NZD) $4,562.50

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Restriction
PUBH 704
Limited to
MA, MHealSc, MPH, MSc, DPH, PGDipArts, PGDipHealMgt, PGDipHealSc, PGDipPHC, PGCertPH, PGCertPHC
Notes
(i) PGCertPHC and PGDipPHC students require approval from the Board of Studies in Primary Health Care to enrol for this paper. (ii) This paper runs for the second half of second semester.
Learning Outcomes
Students who successfully complete the paper will
  • Demonstrate and apply understanding of methods of economic evaluation of health interventions
  • Apply skills in valuing both health service costs and health outcomes of selected populations
  • Be able to provide options for decision-making and prioritisation of health investments
  • Demonstrate understanding and apply skills in cost effectiveness and cost utility analysis in health services
Eligibility
Students who have completed an undergraduate degree in any discipline or recognised equivalent
Contact
Wellington Campus: publichealth.uow@otago.ac.nz
Christchurch Campus: publichealth.uoc@otago.ac.nz
Dunedin Campus: postgrad.publichealthdunedin@otago.ac.nz
Teaching staff
Wellington Campus: William Leung
Christchurch Campus: Dr Ian Sheerin (Overall Convenor)
Dunedin Campus: Dr Trudy Sullivan
Paper Structure
Topics:
  1. Introduction to economic (evaluation assignment issued)
  2. Valuing health outcomes
  3. Cost benefit analysis and equity issues
  4. Decision-making and prioritisation
  5. Introduction of new technologies and methods of modelling
  6. Burden of Disease and cost of illness studies
Assessment:
  • Assignment 40%
  • Exam 60%
Teaching Arrangements
Friday mornings 9.00 am - 12.00 pm
Textbooks
Text to be confirmed. Please contact the Department.
Graduate Attributes Emphasised
Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Information literacy, Research, Self-motivation.
View more information about Otago's graduate attributes.

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Assessment

Assignment 40%
Exam 60%

Further Information

Katrina Hogg
Department of Population Health
University of Otago, Christchurch
PO Box 4345, Christchurch
Tel 64 3 364 3602
Email katrina.hogg@otago.ac.nz

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Timetable

1st Non standard period (4 September 2017 - 27 October 2017)

Location
Christchurch
Teaching method
This paper is taught On Campus
Learning management system
Moodle

1st Non standard period (4 September 2017 - 27 October 2017)

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
Moodle

Lecture

Stream Days Times Weeks
Attend
L1 Friday 09:00-11:50 36-41

1st Non standard period (4 September 2017 - 27 October 2017)

Location
Wellington
Teaching method
This paper is taught On Campus
Learning management system
Moodle

Skills in economic evaluation including types of economic evaluation, cost-effectiveness analysis, measuring and valuing costs and benefits, prioritisation and decision-making in health and evaluation of new health technologies.

PUBH736 Economic Evaluation is designed as an introductory paper. It introduces students to the concepts and principles that underpin economic evaluation and to the techniques of cost-benefit analysis (CBA), cost-effectiveness analysis (CEA) and cost-utility analysis (CUA).

Methods for analysing costs of healthcare interventions will be presented. Students will learn options for valuing health outcomes, in particular, quality-adjusted life-years (QALYs). The techniques, for example discounting and calculation of incremental cost-effectiveness ratios (ICERs), that statutory agencies such as PHARMAC (in NZ) and NICE (in the UK) use to make decisions on purchasing new health technologies will be discussed. Different options for prioritisation (including multi-criteria decision analysis) and the Global Burden of Disease and cost-of-illness studies will also be covered.

If you are considering future MPH study, this paper may - in specific cases - be considered a relevant research paper. Please contact your local convenor for advice.

Paper title Economic Evaluation
Paper code PUBH736
Subject Public Health
EFTS 0.1250
Points 15 points
Teaching period(s) 1st Non standard period (3 September 2018 - 26 October 2018), 1st Non standard period (3 September 2018 - 26 October 2018), 1st Non standard period (3 September 2018 - 26 October 2018)
Domestic Tuition Fees (NZD) $1,373.25
International Tuition Fees (NZD) $4,745.00

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Restriction
PUBH 704
Limited to
MA, MHealSc, MPH, MSc, DPH, PGDipArts, PGDipHealMgt, PGDipHealSc, PGDipPHC, PGCertPH, PGCertPHC
Notes
(i) PGCertPHC and PGDipPHC students require approval from the Board of Studies in Primary Health Care to enrol for this paper. (ii) This paper runs for the second half of second semester.
Eligibility
Students who have completed an undergraduate degree in any discipline or recognised equivalent
Contact
Wellington Campus: publichealth.uow@otago.ac.nz
Christchurch Campus: publichealth.uoc@otago.ac.nz
Dunedin Campus: postgrad.publichealthdunedin@otago.ac.nz
Teaching staff
Wellington Campus: Dr William Leung (Overall Convenor)
Christchurch Campus: Dr Ian Sheerin
Dunedin Campus: Dr Trudy Sullivan
Paper Structure
Topics:
  1. Introduction to economic evaluation (assignment issued)
  2. Valuing health outcomes
  3. Introduction of new technologies and methods of assessment
  4. Cost-benefit analysis and equity issues
  5. Prioritisation and decision-making in cost-effectiveness analyses
  6. Modelling, uncertainty and validity
Assessment:
  • Assignment 40%
  • Exam 60%
Teaching Arrangements
Friday mornings 9am - 12pm
Textbooks
Text to be confirmed. Please contact the Department.
Graduate Attributes Emphasised
Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Information literacy, Research, Self-motivation.
View more information about Otago's graduate attributes.
Learning Outcomes
Students who successfully complete the paper will be able to
  • Identify the various types of economic evaluation together with their data requirements and informational content
  • Understand the alternative measures of outcome used in economic evaluation, including the concept of quality-adjusted life-years (QALYs)
  • Demonstrate and apply understanding of methods used in the economic evaluation of healthcare interventions
  • Understand, and be able to review and use published economic evaluation studies
  • Use cost-effectiveness data for decision-making and prioritisation of health investments

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Assessment

Assignment 40%
Exam 60%

Further Information

Katrina Hogg
Department of Population Health
University of Otago, Christchurch
PO Box 4345, Christchurch
Tel 64 3 364 3602
Email katrina.hogg@otago.ac.nz

^ Top of page

Timetable

1st Non standard period (3 September 2018 - 26 October 2018)

Location
Christchurch
Teaching method
This paper is taught On Campus
Learning management system
Moodle

1st Non standard period (3 September 2018 - 26 October 2018)

Location
Dunedin
Teaching method
This paper is taught On Campus
Learning management system
Moodle

Lecture

Stream Days Times Weeks
Attend
L1 Friday 09:00-11:50 36-41

1st Non standard period (3 September 2018 - 26 October 2018)

Location
Wellington
Teaching method
This paper is taught On Campus
Learning management system
Moodle