Economic Evaluation III

3 Credits.

Builds upon the theoretical concepts taught in Economic Evaluation I-II by providing advanced content in the areas of decision analysis, cost-effectiveness, and alternative approaches of modeling research questions for these fields. Include approaches for calculation of costs and effectiveness measures using standard modeling methods. Compares outputs as a result of decision tree and Markov modeling and introduces sensitivity analysis. Includes group projects to produce a well-thought model on a topic of their own choosing in decision analysis or cost-effectiveness.