Health Economics for HTA online MED5023
- Academic Session: 2023-24
- School: School of Health and Wellbeing
- Credits: 20
- Level: Level 5 (SCQF level 11)
- Typically Offered: Summer
- Available to Visiting Students: Yes
- Taught Wholly by Distance Learning: Yes
This course will deliver the fundamentals of health economics and the practical elements of economic evaluation that are integral to health technology assessment.
10 week online course comprising 10 lectures and 10 accompanying practical exercises. The lectures will be 45 mins/1 hr in duration and the exercise associated with each lecture will take a notional 2 hours for the student to complete. Each week the academic lead will contribute to and answer questions on a discussion board.
A critique of a published economic evaluation and a written assignment. The critique accounts for 25% of the assessment and should be 1200 words. The written assignment accounts for 65% and should be 1,500-2,000 words. The remaining 10% assessment mark will be evaluated based upon student engagement and contribution with the discussion forum throughout the course (tutor reviewed).
This course aims to provide students with a critical understanding of health economics, its value and limitations. It will familiarise students with the application of economic theory to health and health care issues, the principles of health economics and the techniques of economic appraisal.
Intended Learning Outcomes of Course
By the end of this course students will be able to:
■ Critically assess and apply the key concepts of economics to a variety of health sector issues
■ Critically interpret and evaluate the distinctive economic characteristics of health care and how they affect the demand for, and supply of, health care
■ Critically evaluate the range of health economic evaluation techniques and apply them to appropriate circumstances
■ Critically appraise economic studies of health care interventions
■ Critically analyse inputs and outputs from economic evaluation (costs, outcomes, incremental cost-effectiveness ratios) and test the sensitivity of results
■ Critically evaluate the contribution of health economics to health care decision making
Minimum Requirement for Award of Credits
Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.