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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 outcomes

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.

Prerequisites

Formal prerequisites

None

Recommended prior 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.

Exam information

Term paper and written exam.

Exam resources

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

Language of examination

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

Assessment and grading

Course grades are awarded on a descending scale using alphabetic grades from A to E for passes and F for fail. Read more about the grading system .

An external auditor regularly evaluates the academic quality of the course, including the form of exam used on the course.

Explanations and appeals

Students can request an explanation of their grades, and can also appeal against their grades or make a complaint about formal examination errors. Read more about explanations and appeals

Possibility of make-up exams and re-takes

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 .

Withdrawing from exams and limits on re-takes

A student can sit for this exam up to 3 times. If a student wishes to withdraw from the exam, s/he must do this 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 for the exam.

Exam options for students with special needs

Students may apply for access to alternative exam resources or exam forms on the basis of chronic illness and/or special needs that create a marked disadvantage to other students in the exam situation. Mothers who are breastfeeding may apply for extra time to complete the exam.

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