Course: Teaching Vaccine Economics Everywhere: Economic Evaluation

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Schedule


Session Title Topics
1 Overview of Decision Analysis and Cost-Effectiveness
  • Understanding "Value"
  • Discuss importance of economic evaluation of vaccines in low-resource context (policy uses of CEA for new vaccine introduction)
  • Measures of Value
  • Defining Methods of Value Analysis
  • Why perform an economic evaluation of a vaccine or immunization program
  • What is an "ICER"?
  • Defining Uncertainty of Value
  • Translating Value into Resource Allocation
2 Defining the Scope of a Cost-effectiveness Analysis I
  • Formulating Study Objectives
  • Specifying Comparators
  • Defining Cohorts/Patients
3 Defining the Scope of a Cost-effectiveness Analysis II
  • Perspectives/Stakeholders
  • Time
4 Study Design Components of Economic Evaluation
  • Decision Analysis
  • Probabilities and Rates
  • Clinical Study Designs
5 Measuring and Valuing Costs
  • Costs - theory and definitions
  • Costs in cost-effectiveness analysis
  • Cost of vaccine programs
  • Adjustments to costs
6 Measuring and Valuing Health Outcomes
  • Defining Patient Preferences
  • Instruments of Effectiveness Measurement
  • Health Utility Measures
  • Applying to Economic Evaluation
7 Reporting and Interpreting Results of Economic Evaluation
  • Understanding a CEA Plane
  • Willingness-to-Pay Threshold
  • ICER calculation, incremental ratios and dominance
  • Interpreting ICER/ICUR
  • Reporting Quality of Analysis
8 Introduction to Decision Tree Modeling
  • Review Reference Case Decision Trees
  • Develop a Decision Model in Microsoft Excel