HEC5973 Economic evaluation in health care
Faculty of Business and Economics
HEC5973 Economic evaluation in health care is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2026 in Semester 2 at Caulfield. It has no prerequisites.
- Credit points
- 6
- Offered in 2026
- Semester 2
- Caulfield
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for HEC5973. This is its 2026 entry, the latest one.
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Overview
This unit introduces you to techniques of microeconomic appraisal in the evaluation of health care programs. It considers conceptual and methodological issues, as well as the practical conduct, and review, of such studies and their use in priority setting within the health care sector. The application of decision rules for economic efficiency in health program evaluation and their influence on policy decisions are introduced.
Offerings in 2026
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | Online |
Assessment
- Written50%
- Examination50%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand techniques used for microeconomic appraisal in the evaluation of health care programs
- 2
understand conceptual and methodological issues arising in the economic appraisal of health care programs
- 3
understand conduct and review of economic evaluation in the health care sector
- 4
understand application of results from economic evaluation to achieving broader priority setting goals within the health care sector.
Workload and teaching
- Lectures12 hours
- Tutorials11 hours
- Teaching approachProblem-based learning
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Learning resources
Required resources
Drummond MF, Sculpher MJ, Claxton K, Stoddart GL & Torrance GW. 2015. Methods for the Economic Evaluation of Health Care Programmes, 4th edition, Oxford University Press.
Contacts
- Chief Examiners
- Dr Nayyereh Ayati
Common questions
What are the prerequisites for HEC5973?
HEC5973 has no prerequisites.
When is HEC5973 offered?
In 2026, HEC5973 runs in Semester 2 at Caulfield, with an online option.
How much work is HEC5973?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does HEC5973 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.