Advanced Economic Evaluation aims to develop critical appraisal skills relating to the methods of economic evaluation routinely used within health care. The module also aims to enable the student to build simple decision trees and Markov models to assess the cost-effectiveness of health technologies.

• Basic methods of economic evaluation
• Problems with quality adjusted life years (QALYs)
• Willingness to pay and discrete choice experiments as methods of valuing benefits
• Economic evaluations alongside controlled trials
• Analysis of stochastic economic data
• Modelling; decision trees; Markov models and discrete event simulation
• Critical appraisal of economic models
• Reimbursement decisions and the National Institute for Health and
• Clinical Excellence (NICE)

Main teachers

• Simon Dixon (Reino Unido )

Workload and ECTS

Class workload	Total workload	ECTS
25	150	7