Understanding Cost Effectiveness 



 
 November 24, 2009

 
Course Syllabus


 

Course Description

In light of the increasing constraints on health care resources, economic analysis of medical treatments and public health interventions is becoming an increasingly common tool in health policy decision making. The primary objective of this course is to prepare students to read and interpret cost-effectiveness studies. The students are first introduced to basic economic concepts that are needed in order to understand the recommendations from the United States Panel on Cost Effectiveness in Health and Medicine. One example is the distinction between opportunity costs and budgetary costs. The recommendations are then reviewed, particularly as they apply to what students should expect to read in cost-effectiveness research reports. Finally, the relationship between cost-effectiveness results and other elements of the health care policy decision making process are discussed. A critical discussion of several current articles demonstrating cost-effectiveness analyses are an integral part of this course.


Course Objectives

Upon completion of this course, you will be able to:

  • Read and interpret cost-effectiveness studies

Prerequisites

You must successfully complete Introduction to Online Learning (550.002.81), offered by the Distance Education Division.

There are no economic, budgeting, or accounting prerequisites.

Time Commitment: On average, students should expect to spend six hours per week on a two-unit course at the School of Public Health.


Course Format

Lectures: There are seven lectures in this course. Students are expected to read materials relevant to each lecture before they view the online presentation.

Self-Assessment Quizzes: There will be three non-graded quizzes that will help you understand the basics of how costs and quality adjusted life years are calculated.

LiveTalk and BBS Discussions:
The instructor will lead three online LiveTalk sessions for the purpose of answering questions, reviewing exercises, and discussing articles. Electronic bulletin board discussions are required as part of this course.

Assignments: The graded assignments are intended to apply the concepts learned and to evaluate cost-effectiveness studies using various criteria.


Grading Policy

Students are expected to submit assignments on time. Additionally, every student is expected to participate actively in the LiveTalk sessions and BBS discussions. Grades will be computed as follows:

  • Assignment 1: 15%
  • Assignment 2: 15%
  • Assignment 3: 45%
  • Participation ((bulletin boards, listening to lectures, and listening to live talks): 18%
  • Attempting Self-Assessment Quizzes: 7%

The final letter grade will be based on the following point system:

  • A = 90–100
  • B = 80–89
  • C = 70–79
  • Pass = 70+ (For those taking the course pass/fail)
  • D = 60–69
  • E = <59
 

Course Materials

This course has one required textbook: A.C. Haddix, S.M. Teutsch, P.S. Corso (editors), Prevention Effectiveness: A Guide to Decision Analysis and Economic Evaluation, 2nd edition. Please note that ONLY the Second Edition is acceptable.

You can buy the textbook from an online bookseller such as Amazon or through the Matthews Johns Hopkins Medical Book Center:

Matthews Johns Hopkins Medical Book Center
1830 East Monument Street
Baltimore, MD 21205, U.S.A.
410-955-3931
800-266-5725
410-955-0576 (fax)
http://www.jhumedbooks.com/

Additional course readings will be available online through eReserves and the Online Library. You will be given instructions on how to access these materials on individual lecture and assignment pages.


Contact Information

Instructor

Kevin D. Frick, PhD
kfrick@jhsph.edu

Teaching Assistants

Andrew Mirelman
amirelma@jhsph.edu

Chuck Shih
cshih@jhsph.edu

Lynn Huynh
lhuynh@jhsph.edu


Help

Concerns
Contact
Concerns about course topics and assignments
  • TAs
Technical concerns about the functionality and operation of course Web pages (before emailing, please make sure that you can replicate the problem)
  • DEHelp, the central help system for all tech support inquiries related to DED courses

Technical help on weekends
  • JHSPH User Support: 410-955-3781
Concerns about your Internet connection
  • Your Internet service provider (e.g., AT&T, Erols, etc.)
Concerns about your personal software
  • Your software vendor


Ethical Conduct

The academic ethics code, as discussed in the Policy and Procedure Memorandum for Students, March 31, 2002, will be adhered to in this class.


Disability Support Services

If you are a student with a documented disability who requires an academic accommodation, please contact Betty H. Addison in the Office of Career Services and Disability Support: dss@jhsph.edu, 410-955-3034, or Room E-1140.


 

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Copyright to this collective work of materials is owned by The Johns Hopkins University.
Copyright to individual contributions may be retained by contributing authors.