Course: Concepts in Economic Evaluation

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Concepts in Economic Evaluation

Course

Staff:

Kevin Frick

Originally Offered:

Spring 2007

Offered By:

Department of Health Policy and Management

Course Number:

313.630



Description:

Describes how economic theory is linked to economic evaluation techniques like cost-benefit and cost-effectiveness analysis and to introduce students to many concepts that are specific to economic evaluation. Introduces students to the many varieties of economic evaluation to establish a common terminology. Discusses cost-benefit with a demonstration of how this type of evaluation is most clearly linked to economic theory. Explores other theories and concepts, including cost measurement, benefit valuation, and incremental decision-making. Finally, explores recommendations on performing economic evaluations that are made in the United States with a focus on how these are related to underlying economic theory and other concepts.