HAR6119: Building Cost-effectiveness Models for Health Technology Assessment (online)
The Building Cost-effectiveness Models for HTA (online) module is led by Andrew Metry It runs in the Spring semester and is worth 15 credits.
The Building Cost-effectiveness Models for HTA (online) module is led by Andrew Metry. It runs in the Spring semester and is worth 15 credits.
It is one of the modules on:
An advanced course teaching the technical and practical skills required to build cost-effectiveness models for international health technology assessment. It builds on from the introductory unit, HAR6113 Cost-effectiveness modelling in international HTA, which covered the principles behind modelling.
Content includes problem definition and structuring, building decision tree and Markov/state transition models in Excel, identifying appropriate data sources, implementing deterministic and probabilistic sensitivity analysis, and Value of Information analysis. It is an advanced course, aimed at students with a strong mathematical background who want to go on to build their own economic models.
Requires evidence of quantitative skills acquired at A level or specific undergraduate units. Pre-existing Excel skills are essential.
This module aims to equip students with a basic professional competency in building cost-effectiveness models, to inform healthcare decision problems.
It is intended for students who have a mathematical / statistical background and have good pre-existing Excel skills, who wish to develop technical modelling skills.
By the end of the module, a students will be able to:
- Analyse a decision problem using problem structuring methods to determine an appropriate modelling approach
- Construct health economic models, including programming of sensitivity analysis
- Validate, interpret and communicate the results from deterministic and stochastic decision-analytic models using established principles
- Online materials, based around a series of real-life examples of decision-analytic models, will provide the theoretical understanding of modelling methods and result interpretation (LOs 1 and 3)
- Online workshops and problem-solving exercises will enable students to test their developing skills in modelling
- The exercises will include critical appraisal of published models, problem structuring to determine an appropriate modelling approach and development of cost-effectiveness models using Excel. Exercise solutions will also be discussed. (LOs 2 and 3)
- Guided independent study will enhance students’ understanding of modelling applications and results interpretation (LOs 1, 2 and 3)
Independent study (including preparation for assessments) of 150 hours.
The content of our courses is reviewed annually to make sure it is up-to-date and relevant. Individual modules are occasionally updated or withdrawn. This is in response to discoveries through our world-leading research, funding changes, professional accreditation requirements, student or employer feedback, outcomes of reviews, and variations in staff or student numbers. In the event of any change we'll consult and inform students in good time and take reasonable steps to minimise disruption.
Information last updated: 27 January 2023
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