Methods of Economic Evaluation in Healthcare

2024/2025

Content, progress and pedagogy of the module

Learning objectives

Knowledge

  • Demonstrate knowledge of normative and positive health economics
  • Understand the different methods for economic evaluation and economic analysis in health care and their application
  • Demonstrate knowledge of health technology assessment
  • Understanding of costs, including the difference between expenses and disbursements, as well as fixed, variable, direct costs, overhead costs and productivity loss
  • Understanding outcome measures applied in health economic evaluations, including both patient-reported outcomes and monetary valuation of health outcomes
  • Demonstrate knowledge of Quality-Adjusted Life Years and understanding of applications and limitations in health care decision-making
  • Demonstrate knowledge of prioritisation in health care systems and understanding of the associated ethical dilemmas 

Skills

  • Produce a simple economic evaluation of a new health care intervention
  • Produce a deterministic sensitivity analysis (e.g. one-way, two-way, scenario analysis)

Competences

  • Differentiate between normative and positive health economics
  • Assess whether new health care interventions represent “good value for money”
  • Critically assess the appropriateness of pre-developed questionnaires
  • Critically assess the methodological quality of existing economic evaluations and interpret the validity and transferability of the results

Type of instruction

  • Teaching varies between lectures, workshops, (group) exercises and individual study

Exam

Exams

Name of examMethods of Economic Evaluation in Healthcare
Type of exam
Written or oral exam
ECTS5
Permitted aidsPlease refer to the semester description.
Assessment7-point grading scale
Type of gradingInternal examination
Criteria of assessmentThe criteria of assessment are stated in the Examination Policies and Procedures

Additional information

Please consult the Moodle page for your semester and contact the semester coordinator if you have academic questions, or the study secretary if you have administrative questions.

All other enquiries may be directed to Helene Nørgaard, secretary of the Study Board.

Facts about the module

Danish titleMetoder til økonomisk evaluering i sundhedsvæsenet
Module codeMEDMS24K1_6
Module typeCourse
Duration1 semester
SemesterAutumn
ECTS5
Language of instructionEnglish
Location of the lectureCampus Aalborg
Responsible for the module

Organisation

Education ownerMaster of Science (MSc) in Medicine with Industrial Specialisation
Study BoardStudy Board of Medicine
DepartmentDepartment of Clinical Medicine
FacultyThe Faculty of Medicine