Student, who passed the course satisfactorily will be able to:
- distinguish between different types of economic evaluation
- identify and measure the costs and value of health outcomes
- perform cost-effectiveness analysis to select among alternative courses of actions
- perform sensitivity analysis for cost-effectiveness ratios
- formulate various problems in healthcare using decision trees
- measure the value of information for a problem formulated by a decision tree
- perform sensitivity analysis for decision trees
- formulate various problems in healthcare using dynamic models
- formulate various problems in healthcare using Markov decision processes
- formulate various problems in healthcare using stochastic programming