HSH764 - Economic Evaluation - Theory and Practice

Unit details

Year:

2024 unit information

Enrolment modes:Trimester 2: Burwood (Melbourne), Online
Credit point(s):1
EFTSL value:0.125
Unit Chair:Trimester 2: Lisa Gold
Prerequisite:

HSH719

Corequisite:Nil
Incompatible with: Nil
Typical study commitment:

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

This will include educator guided online learning activities within the unit site.

Educator-facilitated (scheduled) learning activities - on-campus unit enrolment:

1 x 1 hour lecture per week
1 x 1 hour online seminar per week

Educator-facilitated (scheduled) learning activities - online unit enrolment:

1 hour weekly lecture (recording provided)
1 hour online seminar each week

Content

This unit expands the concepts, methods and applications introduced to students in Economic Evaluation 1 (HSH719). Topics covered include: the theoretical underpinnings of economic evaluation; costing health care services (including joint costs, annuatisation, non-market based costing and costing methods); the theory and pragmatics of generic outcome measures (QALYs, monetary benefits, capabilities and others); statistical issues in the analysis of trial-based economic data; calculating ICERs (including the cost-effectiveness plane, net benefit, and acceptability curves); and, clinical trials versus modelled economic evaluations (rigour versus pragmatism).

ULO These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: Deakin Graduate Learning Outcomes
ULO1

Discuss the three main theoretical schools of thought which underpin economic evaluation.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO4: Critical thinking
GLO6: Self-management

ULO2

Analyse the differences between a micro and a macro-costing approach to costing health care services and be able to undertake micro-costing of a health care intervention.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO3: Digital literacy
GLO4: Critical thinking
GLO6: Self-management

ULO3

Discuss the theoretical underpinnings of health and other outcomes (specific, generic and monetary) used in economic evaluation and analyse their strengths and weaknesses.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO5: Problem solving
GLO4: Critical thinking
GLO6: Self-management

ULO4

Become proficient in the key statistical issues and techniques used in trial-based economic evaluations.

GLO1: Discipline-specific knowledge and capabilities
GLO3: Digital literacy
GLO4: Critical thinking
GLO5: Problem solving
GLO6: Self-management

ULO5

Calculate the main results from economic evaluations using incremental cost-effectiveness ratios, cost-effectiveness planes, the net benefit approach and acceptability curves.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO3: Digital literacy
GLO4: Critical thinking
GLO5: Problem solving

ULO6

Explain the differences between trial-based and modelled-based economic evaluations and the context in which each method might be used.

GLO1: Discipline-specific knowledge and capabilities
GLO2: Communication
GLO4: Critical thinking
GLO6: Self-management

Assessment

Trimester 2:
Assessment description Student output Grading and weighting
(% total mark for unit)
Indicative due week
Assessment 1: In-trimester exercises (including seminar participation) Weekly exercises 20%
  • Weekly
Assessment 2: Essay 2000 words 40%
  • Week 5
Assessment 3: Data analysis, reporting and interpretation Written report equivalent to 2500 words 40%
  • Week 11

The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.

Learning Resource

The texts and reading list for the unit can be found on the University Library via the link below: HSH764 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.

Unit Fee Information

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