GSBS6382
10 units
6000 level
Course handbook
Description
The study of economics introduces a unique perspective on healthcare service and system evaluation. Resources are finite for the range of a society's healthcare needs and wants. As a result, choices must be made about how available resources will be best used. This course will introduce participants to economic evaluation principles and their application to real life scenarios in healthcare. The course is designed as an introduction to applied economic evaluation in healthcare. Students will gain knowledge of core economic principles before learning the necessary steps leading up to the conduct of an economic evaluation. The course provides students with the opportunity to apply practical experience in a range of economic evaluations used in front line healthcare. Students will gain an understanding of how economic evaluation can, and is used to inform health care decision-making.
Availability2024 Course Timetables
Singapore NAIHE
- Trimester 2 - 2024
Newcastle City Precinct
- Trimester 2 - 2024
Online
- Trimester 2 - 2024
Learning outcomes
On successful completion of the course students will be able to:
1. Explain the complexity of decision-making in healthcare and the role of economic evaluation in informing decisions and policy design.
2. Critically appraise a randomised controlled trial and a health economic evaluation and be familiar with a range of priority setting techniques
3. Synthesise evidence to develop and strengthen an economic evaluation.
4. Understand the principles and perform steps of cost-effectiveness, cost-utility and cost-benefit analysis
5. Use economic data to construct a Budget Impact Statement
6. Understand and use preference elicitation measures for a value-based approach to economic evaluation
Content
The content in this course comprises the following five topics:
1. An introduction to economic evaluation principles and their application to health care decision making.
2. Costs and consequences.
3. The process and steps of performing a health economic evaluation
4. Using economic evaluation for decision making
5. Value based health economics and decision making
Assessment items
Case Study / Problem Based Learning: Problem-Based Learning Assignment
Report: Report Critique
Written Assignment: Evaluation Design
Contact hours
Trimester 2 - 2024 - Singapore NAIHE
Online Activity-1
- Self-Directed 6 hour(s) per term
- For Face to face mode - 6 hrs of online content per term provided for self directed learning
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 12 week(s) starting in week 1
Trimester 2 - 2024 - Newcastle City Precinct
Online Activity-1
- Self-Directed 6 hour(s) per term
- For Face to face mode - 6 hrs of online content per term provided for self directed learning
Workshop-1
- Face to Face On Campus 2 hour(s) per week(s) for 12 week(s) starting in week 1
Trimester 2 - 2024 - Online
Online Activity-1
- Online 30 hour(s) per term
Course outline
- GSBS6382 - Trimester 2, 2024 (Ncle) (PDF, 244.2 KB)
- GSBS6382 - Trimester 2, 2024 (Online) (PDF, 241.1 KB)
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.