HSH764 - Economic Evaluation - Theory and Practice


2023 unit information

Enrolment modes: Trimester 2: Burwood (Melbourne), Online
Credit point(s): 1
EFTSL value: 0.125




Incompatible with:


Study commitment

Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit.

Scheduled learning activities - campus

1 hour class and 1 hour Blackboard collaborate session each week

Scheduled learning activities - online

1 hour weekly class (recording provided) and 1 hour Blackboard collaborate session each week


This unit expands the concepts, methods and applications introduced to students in Economic Evaluation 1 (HSH719). Topics covered include: the theoretical underpinnings of economic evaluation; costing health care services (including joint costs, annuatisation, non-market based costing and costing methods); the theory and pragmatics of generic outcome measures (QALYs, monetary benefits, capabilities and others); statistical issues in the analysis of trial-based economic data; calculating ICERs (including the cost-effectiveness plane, net benefit, and acceptability curves); and, clinical trials versus modelled economic evaluations (rigour versus pragmatism)

Unit Fee Information

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