MPV_HEIA Health Economic Impact Analysis

Faculty of Economics and Administration
Spring 2025

The course is not taught in Spring 2025

Extent and Intensity
0/2/0. 4 credit(s). Type of Completion: z (credit).
In-person direct teaching
Teacher(s)
doc. Ing. Mgr. Jana Soukopová, Ph.D. (seminar tutor)
Ing. Dominika Tóthová, Ph.D. (seminar tutor)
Ing. Jana Rozmarinová, Ph.D. (seminar tutor)
Guaranteed by
doc. Ing. Mgr. Jana Soukopová, Ph.D.
Department of Public Economics – Faculty of Economics and Administration
Contact Person: Jana Biskupová
Supplier department: Department of Public Economics – Faculty of Economics and Administration
Prerequisites
There are no course prerequisites, although a course in microeconomic theory is recommended.
Course Enrolment Limitations
The course is only offered to the students of the study fields the course is directly associated with.
fields of study / plans the course is directly associated with
Course objectives
This course provides an overview of the theory and applications of economic evaluation of health interventions. The course is designed to teach the core principles of cost-effectiveness, cost-benefit, cost-utility, cost analyses and other forms of economic evaluations. Students will learn the advantages and disadvantages of each approach and how to apply essential statistical and economic methods for health economics analyses.
Learning outcomes
At the end of the course, students are expected to:
- be able to understand cost and effectiveness measures;
- distinguish among cost-effectiveness, cost-benefit, cost-utility, cost analyses and other forms of economic evaluations and know the advantages and disadvantages of each approach;
- understand the various perspectives that can be taken in an economic evaluation study;
- have an appreciation for some of the controversies in the field (for example, the costs of consumption in additional life years, productivity changes, discounting, prediction of health utilities, and the relevant analytic point of view);
- understand and be able to apply Markov analysis and other modeling techniques;
- be familiar with the statistical issues of cost-effectiveness analysis and a menu of approaches for evaluating the uncertainty associated with point estimates of the incremental cost-effectiveness ratio;
- be able to assess the quality of an economic evaluation study and be familiar with a number of the important studies from the cost-effectiveness analyses literature;
- improve soft skills such as communication, active listening, time management, teamwork and critical thinking crucial in problem solving in healthcare organizations, with care providers or in policy making.
Syllabus
  • 1. An overview of economic evaluations and key types: cost-effectiveness, cost-utility, and cost-benefit analysis.
  • 2. A comparison of the different types of economic evaluation.
  • 3. Measurement of direct and indirect costs, cost saving studies.
  • 4. Measurement of outcomes including health status and health-related quality of life, assigning monetary values to outcomes, value of a human life and quality-adjusted life years.
  • 5. Cost-effectiveness analysis I.
  • 6. Cost-effectiveness analysis II.
  • 7. Cost-utility analysis I.
  • 8. Cost-utility analysis II.(assessing outcomes in cost-utility analyses).
  • 9. Cost-benefit analysis and budged impact.
  • 10. Methods: decision analysis and Markov models.
  • 11. Modeling of infectious diseases (SEIR, SIR, SIS/SEIS).
  • 12. Critical assessment of economic evaluation studies.
Literature
    required literature
  • Drummond, F. Michael, Sculpher, J. Mark, Claxton, Karl, Stoddart. Methods for the Economic Evaluation of Health Care Programmes. Oxford Medical Publications, 4th Edition, 2015. ISBN 978-0199665884. info
    recommended literature
  • https://efektivnizdravotnictvi.cz/wp-content/uploads/2022/08/Monografie_ekonomicke-hodnoceni.pdf
  • MUENNIG, Peter. Designing and conducting cost-effectiveness analyses in medicine and health care. 1st ed. New York: JOSSEY-BASS, 2002, xxvi, 356. ISBN 0787960136. URL info
  • PETTITI, Diana B. Meta-analysis, decision analysis, and cost-effectiveness analysis : methods for quantitative synthesis in medicine. 2nd ed. New York: Oxford University Press, 2000, x, 306. ISBN 0195133641. info
Teaching methods
Tutorials, class discussion, computer labs practices, assignments.
Assessment methods
Final project, special assignments, final exam. All assignments assess competency in evaluation of health economic impact analysis. During assignments students will apply commonly used methods for evaluating economic policy, including the use of cost-benefit, cost-utility and cost-effectiveness analysis. Grades are based on performance on:
• Final project 40%
• Special assignment I 15%
• Special assignment II 15%
• Final exam 30%
Language of instruction
English
Further Comments
The course is taught annually.
The course is taught: every week.
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