This course is designed to teach the basics of health economic analysis in health care. This course will include the basic theory for determining cost and outcomes, the different types of costs and costing methods. Analysis methods to be discussed include cost-minimization, cost-benefit analysis, cost-utility (cost per QALY), cost-effectiveness, and incremental cost-effectiveness ratios (ICERS) with opportunity for hands-on exercises.
The course will also highlight how analyses are framed, evaluated and reported. Finally, the course will outline challenges and considerations when utilizing health economics as a tool for developing clinical guidelines for health care systems.