Economic Evaluation of Health Interventions

Categories: Chartered
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About Course

This module provides learners with a comprehensive understanding of economic evaluation techniques used to assess the value of healthcare interventions and programs. In a world of limited resources and rising healthcare costs, it is crucial for policymakers and healthcare managers to make informed decisions about which interventions deliver the greatest value for money.

Learners will explore core methodologies such as cost-benefit analysis (CBA) and cost-effectiveness analysis (CEA), and understand the practical use of quality-adjusted life years (QALYs) in evaluating health outcomes. The module emphasizes real-world applications through case studies and step-by-step guidance, helping learners to apply these tools in their own professional contexts.

By the end of this module, learners will be equipped to:

  • Conduct basic economic evaluations of healthcare programs.

  • Interpret key metrics such as incremental cost-effectiveness ratios (ICERs).

  • Communicate findings to support evidence-based healthcare decision-making.

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What Will You Learn?

  • Understand the fundamentals of economic evaluation in healthcare, including why and how it is used.
  • Differentiate between the main types of evaluations:
  • Cost-Benefit Analysis (CBA)
  • Cost-Effectiveness Analysis (CEA)
  • Cost-Utility Analysis (CUA)
  • Learn to apply and interpret Quality-Adjusted Life Years (QALYs) as a measure of health outcomes.
  • Conduct basic CEA and CBA using real-world case studies and data.
  • Analyze how economic evaluation supports healthcare decision-making and policy development.
  • Explore how tools like Incremental Cost-Effectiveness Ratios (ICERs) help prioritize health interventions.
  • Understand ethical considerations and equity implications in evaluating health programs.

Course Content

Foundations of Economic Evaluation in Healthcare

  • Introduction to Economic Evaluation
  • Types of Economic Evaluation
  • Practical Application of CBA and CEA

Using Quality-Adjusted Life Years (QALYs) in Evaluation

Applying Economic Evaluation in Real-World Decision Making

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