Clinical Economics and Decision Making

EPID 5500
1 CU
Permission of Instructor

This course focuses on the application of decision analysis and economic analysis to clinical and policy research. It provides an introduction to the general tools for decision analysis, including decision trees and Markov models, assessment of costs and patient preferences, and assessment of cost-effectiveness. Special emphasis is placed on second-order Monte Carlo analysis and its use in the construction of measures of sampling uncertainty for cost-effectiveness analysis. Seminars will include didactic material, practical exercises that include problem solving, critically analyzing published articles and learning to use computer software that facilitates decision and economic analyses.