Simulation modelling for policy evaluation

HEC5873

Synopsis

This unit equips you to be able to conduct microsimulation and agent-based modelling for policy analysis. It describes methods and demonstrates their application for evaluation of the effectiveness, cost-effectiveness and budget impact of health, education, welfare and transport policies. It emphasises construction and critique of models, in the computer lab, as an essential complement to lectures.

Sourced from the Monash Handbook 2026.

Quick facts

Credit points: 6
Level: 5
Audience: Postgraduate
Type: Coursework
School: Faculty of Business and Economics
Faculty: Centre for Health Economics
Handbook year: 2026

Prerequisites

No prereqs in the handbook graph.

What it unlocks

Nothing in the visible graph depends on this unit.