Overview

An "on demand" online course consisting of four modules and focusing on advanced methods of decision analytic modelling for economic evaluation. The course is aimed at health economists and those health professionals with experience of health economics who wish to learn about recent methods developments in cost-effectiveness analysis. It is designed for participants who are familiar with basic decision modelling who wish to learn how to use more advanced modelling methods. It is particularly suitable for those who have attended our Foundation Course in Modelling Methods for Health Economic Evaluation. It is envisaged that participants will currently be undertaking modelling for health economic evaluation.
Purchase the associated book

Teaching Methods

  • Four modules together with introductory, policy context and closing sections

  • ‘Bite-size’ video presentations from members of the Faculty for each module

  • Computer-based exercises using MS Excel

  • *NEW* Alternative ‘R’-based exercise track for those already familiar with R

  • Video ‘run-through’ of each exercise by members of the Faculty

  • Online discussion forums monitored by tutors

How It Works

The course comprises a combination of video lectures and exercises. Students are granted 2 months' access from enrolment and can work through the content at times that suit them. There is a discussion board available on the course platform, where you can leave messages regarding the course content. The Advanced course is expected to involve a student commitment totalling approximately 18 hours.

Objectives

By the end of the course, participants will be able to:

  • Model and populate a Markov model with time-dependent probabilities based on the results of parametric survival modelling

  • Develop a probabilistic model to reflect parameter uncertainty and to run Monte Carlo simulation

  • Present the results of a probabilistic model using net monetary benefits and cost-effectiveness acceptability curves

  • Assess the expected value of perfect information

Prerequisites

This is an advanced course focusing specifically on decision modelling. Participants would be expected to have attended a general advanced course in economic evaluation, and to be familiar with foundations level decision analysis (see Foundations course). Each module will involve computer work on exercises which will be built up over the course. A familiarity with Microsoft Excel is essential, as is a familiarity with ‘R’ for those wishing to follow the new R-based exercise track.

Faculty

Course Lead Andrew Briggs

Andrew is Professor of Health Economics at the London School of Hygiene & Tropical Medicine. His main methodological focus of research has been health economic evaluation, particularly statistical methods for cost-effectiveness analysis. This includes statistical methods for estimation of parameters for cost-effectiveness models as well as statistical analysis of cost-effectiveness alongside clinical trials. He has a more general interest in epidemiological methods, in particular the use of prognostic scoring methods for predicting health outcomes and the relationship with heterogeneity in cost-effectiveness analysis.

Course Lead Mark Sculpher

Mark Sculpher, PhD, Professor and Director of the Team for Economic Evaluation and Health Technology Assessment, Centre for Health Economics, University of York. Mark has worked in the field of economic evaluation and health technology assessment for over 25 years. He has particular interest in decision analysis, pharmaceutical policy and uncertainty analysis.

Faculty

Module Lead Claire Rothery

Claire Rothery is a Senior Research Fellow on the Programme on Economic Evaluation and Health Technology Assessment. She joined the Centre for Health Economics in 2006 after completing the MSc in Health Economics at York. She holds a MSci in Mathematics (2001), PhD in Theoretical Physics (2004), and MPhil in Medical Statistics (2005), all awarded by Queen's University Belfast, Northern Ireland. Claire’s research interests are centred on the development and application of decision analytic modelling methods and Bayesian approaches to Health Technology Assessment. She has specific interests in the use of constrained optimisation methods in economic evaluation and Value of Information analysis for informing research prioritisation decisions.

Module Lead Elisabeth Fenwick

Elisabeth (Liz) Fenwick, PhD, is Chief Scientific Officer in OPEN Health’s HEOR & Market Access practice, based in Oxford in the UK. In this role, Liz provides scientific and strategic support across a number, and variety, of OPEN Health’s HEOR projects globally. Liz has extensive experience in economic evaluation and health economic modelling having worked in the field for over 25 years. Liz has a PhD and MSc in Health Economics as well as an MSc in Operations Research. Prior to her consultancy career, Liz spent over 15 years as an academic working at University of York, McMaster University and University of Glasgow. Liz is currently a member of the ISPOR Board of Directors (2024-27), is a member of the editorial board for Pharmacoeconomics and was previously the chair of the publications committee for SMDM. Liz has over 60 publications and 9500 citations (not all her own!)

Module Lead Karl Claxton

Karl Claxton is a Professor in the Department of Economics and Related Studies at the University of York. He is also a Senior Research Fellow in the Centre for Health Economics, University of York. He was a Harkness Fellow at the Harvard School of Public Health and from 1999 until 2007 he held an adjunct appointment at Harvard as an Assistant Professor of Health and Decision Sciences. His research interests encompass the economic evaluation of health care technologies.

Prices

  • The Private/Commercial Rate for this course is £1,450 per student.

  • The Academic/Public Sector Rate for this course is £995 per student.

  • NOTE: An additional 25% discount on top of the public sector/academic price is available for persons working for academic institutions, public sector or non-governmental organisations in countries defined as low or middle income (LMIC) by the World Bank. Please email Nicola Bogle at [email protected] to request access to the dedicated registration form.

How To Register

The course fee is payable in advance. Payment is accepted by card or by bank transfer. To register, please complete the registration form at the link below. Upon completing the form, you will receive an automated confirmation email with invoice (and receipt if you paid by card) and further instructions.
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