HEC5983 Health economic evaluation
Faculty of Business and Economics
HEC5983 Health economic evaluation 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
This is the 2026 handbook entry. See the 2027 entry.
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Overview
This unit introduces you to techniques of economic appraisal in the evaluation of health care programs and technologies. It emphasises issues of data synthesis, analysis and presentation to produce the best evidence for making choices between alternative courses of action in health. The application of decision rules for economic efficiency in health care program evaluation and their influence on policy decisions are also introduced.
Offerings in 2026
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
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 the steps in evaluating the evidence on the comparative outcomes of health care programs and technologies
- 2
understand conceptual and methodological issues arising in economic evaluation
- 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 approachActive learning
- Teaching approachProblem-based 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 engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective 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.
Learning resources
Technology resources
There may be an additional cost associated with purchasing a physical and/or virtual calculator. Specific details will be provided in the Learning Management System by commencement of Orientation week.
Where it fits
HEC5983 is part of 2 areas of study in the 2026 handbook.
Contacts
- Chief Examiners
- Dr Nayyereh Ayati
Common questions
What are the prerequisites for HEC5983?
HEC5983 has no prerequisites.
When is HEC5983 offered?
In 2026, HEC5983 runs in Semester 2 at Caulfield.
How much work is HEC5983?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does HEC5983 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
Which majors and minors include HEC5983?
HEC5983 is part of Economics and health; and Health economics.