Monash University Business & Economics handbook 1995

Copyright © Monash University 1995
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ECO4990

Economic evaluation of health services

Mr Tony Harris

3 hours per week * Second semester * Clayton * Prerequisite: ECO4650 * Only available to students enrolled in the Graduate Diploma in Health Economics and Evaluation or Master of Economics

Objectives On completion of this subject students should be familiar with the techniques applied to the evaluation of health services and programs; and with the theoretical debates over discounting, decision criteria, and the measurement of both costs and the quality of life.

Synopsis This subject consists of the study of the principles and techniques used in the economic evaluation of health services. Topics include effectiveness, efficiency and economic evaluation; cost benefit analysis; cost effectiveness and cost utility analysis; multi-attribute utility analysis; measuring utility; psychometric measurement theory; ethical issues in resource allocation; decision criteria; time discounting; costing.

Assessment Written (essay): 20% * Examination (3 hours): 60% * Seminar and critique: 20%

Prescribed texts

Drummond M F and others Methods for the economic evaluation of health care programs OUP, 1987


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