Headline Competence (learning outcome): 

• Define the concepts of costs, effectiveness, and utility in the context of economic evaluation.
• Identify and describe commonly used measures for assessing costs, such as cost-effectiveness ratios, cost-utility ratios, and incremental cost-effectiveness ratios.
• Describe the 4 main study designs used for economic evaluations (cost minimization study, cost-effectiveness study, cost-utility study, cost-benefit study), and discuss their strengths and weaknesses.
• Conduct a critical appraisal of an economic evaluation article, evaluating its study design, methods, data sources, and analysis techniques.
• Assess the validity, reliability, and generalizability of the results presented in economic evaluation studies.
• Understand how these results can be effectively utilized to inform decisions on resource allocations for health financing.
• Analyze and interpret economic evaluation results in the context of available data and resources in the student's own country or setting.

Assessment Criteria: 

• Describe the way that costs, effectiveness, and utility are measured.
• Understand the principles of the 4 main study designs used for economic evaluations (cost minimization study, cost-effectiveness study, cost-utility study, cost-benefit study).
• Conduct a critical appraisal of an economic evaluation article, reflecting on the application of the results to data that are available in your country's setting.

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