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Introduction to Health Economic Evaluation
Thu. 13 October 2016, 9:00 am – 5:00 pm AEDT
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Introduction to health economic evaluation
This course will introduce attendees to key concepts used in the
economic evaluation of health care interventions and programs, and how
this information can inform policy decisions.
Attendees will learn:
1. Introduction: What is economic evaluation, why we do it and how is it
used in policy. The importance of opportunity cost and choice of
comparator. Differences in the types of economic evaluations that can be
conducted, including strengths and weaknesses. What and who is
involved in conducting economic evaluations.
2. Measuring and valuing health outcomes: What types of health
outcomes are often considered in economic evaluations and what is a
quality adjusted life year (QALY). How to value health states and whose
preferences should be used.
3. Measuring and valuing resource use: The importance of
perspectives, collecting resource use data and how to cost an
intervention or program.
4. Decision rules: Presenting, interpreting and using cost‑effectiveness
information to inform policy decisions, including the implications of
5. Reviewing economic evaluations: Introducing the Consolidated
Health Economic Evaluation Reporting Standards (CHEERS) statement.
The course will involve a series of short lectures with key concepts
demonstrated using case studies and practical exercises.
Who should attend
Policy makers, clinicians and other health care workers, managers and
researchers from the public, private and academic sectors with little to
no experience in economic evaluation.