MPH5221 Economic evaluation
Faculty of Medicine, Nursing and Health Sciences
MPH5221 Economic evaluation is a level 5, 6-credit-point, postgraduate unit from the Faculty of Medicine, Nursing and Health Sciences, offered in 2023 in Semester 2 at Alfred Hospital. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Semester 2
- Alfred Hospital
- Assessment
- No exam
- 4 tasks
- Workload
- 12 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before MPH5221
Prohibitions
You can't enrol if you have passed any of these.
After MPH5221
No unit lists MPH5221 as a prerequisite in the 2023 handbook.
Enrolment rules
Must be enrolled in a postgraduate course.
Overview
You will be introduced to the basic concepts, methods and applications of economic evaluation in the healthcare sector. Topics include the different methods of economic evaluation (e.g. cost-minimisation analysis, cost-effectiveness analysis, cost-utility analysis, cost-benefit analysis); the strengths and limitations of studies and study design; analysing the quality of evidence; how economic evaluation differs from other forms of evaluation; and how information from an economic evaluation can aid decision making. Practical applications include when to undertake an economic evaluation, designing an economic evaluation, the steps in conducting an economic evaluation; and the tools and methods for measuring costs and outcomes and analysis.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Alfred Hospital | Flexible |
Assessment
- Multiple choice quizzes (4 x at least 5 questions covering 3 modules)10%
- Critical reflections (2 x 800 words each)20%
- Essay (2,100 words)35%
- Data analysis, reporting and interpretation (2,100 words)35%
Learning outcomes
When you finish this unit, you should be able to:
- 1
Explain the essential characteristics of economic evaluation, and how it differs from other forms of health care evaluations
- 2
Compare and contrast the different methods of undertaking an economic evaluation
- 3
Explain the basic steps in conducting an economic evaluation of a health care intervention
- 4
Explain the different types of cost that will be included in an economic evaluation and how to measure and value these costs
- 5
Analyse the different methods of presenting health outcomes in an economic evaluation
- 6
Calculate the main results from economic evaluations using incremental cost-effectiveness ratios, cost-effectiveness planes, the net benefit approach and acceptability curves
Workload and teaching
- Applied sessions36 hours
- Tutorials24 hours
- Lectures12 hours
6 hours of teacher directed study per week, including combination of synchronous and asynchronous lectures, videos, zoom sessions and tutorials.
6 hours per week of self-directed study.
Total per week = 12 hours
Contacts
- Unit Coordinators
- Lidia Engel
- Mary Lou Chatterton
- Chief Examiners
- Lidia Engel
Common questions
What are the prerequisites for MPH5221?
MPH5221 has no prerequisites, but enrolment rules apply.
When is MPH5221 offered?
In 2023, MPH5221 runs in Semester 2 at Alfred Hospital.
How much work is MPH5221?
The handbook expects about 12 hours of study across the semester. No students have rated its difficulty yet.
Does MPH5221 have an exam?
No. MPH5221 has 4 assessment tasks and no exam.