90-821 Economic Evaluation of Health Technologies

6 units, Carnegie Mellon University

This minicourse addresses economic evaluation in the health sector. This sector represents an important and growing part of the global economy. In 2013 the world spent US 7.83 trillion United States dollars on health care representing 7.1 of the global economy GDP. This spending is expected to rise to 18.28 trillion in constant dollars by the year 2040 or 9.0 of global GDP. Shares of national economies devoted to health varied fourfold among countries in 2013, being 4.3 of GDP in one of the lowest countries Democratic Republic of the Congo, 9.4 in Australia, and 17.1 in the United States. Economic evaluation can help policy makers to guide health technologies to provide good value for these outlays. The analysis is relevant to countries of all income levels. Technologies delivering good value deserve encouragement while those with poor value should be limited, insofar as possible. This new mini course, limited to 12 students, will use a hybrid format alternating didactic classroom sessions with practical field experiences.

Prerequisites: none listed

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