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HMM4301 - Optimal allocation of health care resources and economic evaluation of health care technologies

Course content

This course will include the following elements:
• Theoretical foundations for finding an optimal allocation of resources and applications related to the prioritization of health care resources.
• Types of economic evaluations and their relations: cost-effectiveness analysis (CEA), cost-utility analysis (CUA, and cost-benefit analysis (CBA).
• Opportunity cost in theory and practice
• Valuing health outcomes in non-monetary and monetary units
• Modelling future costs and outcomes, sensitivity analyses
• Efficiency vs equality

Learning outcome

The aims of this course are to: Give the students a basic understanding of the normative issues involved in prioritizing health care resources, as well as an understanding of the theoretical foundation of economic evaluation. Students should get a basic knowledge of the methods at hand for evaluation of diagnostic and therapeutic technologies within health care. The course should provide the necessary tools for understanding the literature in the field, and to carry out a simple economic evaluation. Students should understand the relevance of these methodologies for health policy and planning.

Admission

Students at UiO must apply for courses in StudentWeb.

International applicants, if you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures for international applicants.

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Prerequisites

Formal prerequisite knowledge

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None

Recommended previous knowledge

Knowledge of modern Microeconomics

For instance the introductionary parts of HME4308 Health Economics and Market Failure can be helpful.

Teaching

Lectures and seminars with mandatory term paper. There will also be critical assessment of published analyses and computer exercises to illustrate relevant software.

Access to teaching

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Examination

Term paper and written exam. The term paper counts 1/3 of the final grade, and the written exam counts 2/3 of the final grade.

Examination support material

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Calculator (only the calculator Citizen SR-270X is allowed)

Language of examination

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All written exams and term papers at the master's programme in Health Economics, Policy and Management have to be conducted in English.

Grading scale

Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about the grading system.

Explanations and appeals

You may request an explanation of your grades, and you may also appeal against your grades or make a complaint about formal examination errors. Read more about explanations and appeals.

Resit an examination

You can usually resit an exam, but the conditions depend on whether you had a valid reason for absence from the regular exam. Read more about resitting an exam.

Withdrawal from an examination

A student may sit this exam up to 3 times. If a student wishes to withdraw from the exam, s/he must do so in StudentWeb at least two weeks prior to the first day of the exam. Failure to do so will be counted as one of the three opportunities to sit the exam.

Special examination arrangements

If you have a disability or a health problem that entails significant inconvenience in an examination situation, you may be considered for special examination arrangements. Mothers who are breastfeeding may apply for extra time to complete the exam.

Evaluation

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Facts about this course

Credits

10

Level

Master

Teaching

Every spring

Examination

Every spring

Teaching language

English

Semester pages

Teaching schedule, syllabus, examination date