What is it about?
This module will provide an introduction to some fundamental concepts of economics that are relevant for healthy policy decision making and analysis. The first day will focus on how markets work, why they fail in healthcare and an introduction to health economics and economic evaluation. The three main types of economic evaluation (cost-effectiveness analysis, cost-utility analysis and cost-benefit analysis), how and when they should be applied, and their pros and cons will be discussed.
Who is it for?
Public health workforce
What will participants learn?
Intended Knowledge Outcomes:
•Describe the fundamental principles of health economics
•Apply the fundamental principles of health economics to decision making in healthcare
•Discuss the role of markets in the demand and supply of healthcare
•Discuss the different methods for measuring costs and benefits in economic evaluation
•Discuss different methods for eliciting preferences and the strengths and weaknesses of each method
•Critically appraise a health economics article
•Interpret basic regression coefficients from a DCE
•Apply the appropriate technique of economic evaluation to resource allocation decisions
•Describe the different methods that can be used to assist healthcare priority setting.
Intended Skill Outcomes:
•Analyse particular health care reforms applying economic theory
•Analyse health policy initiatives applying economic theory.
How will it be delivered?
6 taught sessions
How will participants be assessed?
2000 word essay
What experience / qualifications do participants need?
A 2:1 honours degree, or international equivalent, in a medical, health or social sciences discipline
Code
MPY8008
Level
7
Credits
10
When is it?
Thursday 30th January 2020, Thursday 6th February 2020, Thursday 13th February 2020, Thursday 20th February 2020, Thursday 27th February 2020, Thursday 5th March 2020, 14:00-17:00 (Timings subject to change)
Where is it?
Newcastle University
What are the contact dates students need to attend university?
Thursday 30th January 2020, Thursday 6th February 2020, Thursday 13th February 2020, Thursday 20th February 2020, Thursday 27th February 2020, Thursday 5th March 2020, 14:00-17:00 (Timings subject to change)
University Contact Details
Name:Ben Le Dune
Email: pgclinsci@ncl.ac.uk
Telephone: 0191 208 8755