Gwybodaeth Modiwlau

Module Identifier
Module Title
Health Economics
Academic Year
Semester 1
Reading List
Other Staff

Course Delivery



Assessment Type Assessment length / details Proportion
Semester Assessment Project  2000 Words  40%
Semester Exam 2 Hours   Exam  60%
Supplementary Assessment Resit Essay  2000 Words  40%
Supplementary Exam 2 Hours   Resit Exam  60%

Learning Outcomes

On successful completion of this module students should be able to:

understand the differing types of economic evaluation

understand how to measure and analyse health outcomes

understand how to apply economic modelling to evaluate health interventions

understand the role of the randomised controlled trial in generating evidence for health economic evaluation

Aware of financial arrangements in the UK's NHS

Brief description

This module provides students with a brief overview of the financial aspects of the UK health care system followed by a more detailed introduction to the methods of economic evaluation used in health economic practice throughout the UK. The module is oriented at the microeconomic level, driven by problems often encountered in health economic practice. These typically involve economic evaluations of health interventions encountered in the areas of public health, new and novel medical device development, new surgical procedures, diagnostic tests and pharmaceuticals. Involvement alongside healthcare professionals and expert patients often features when designing and gathering data for a health economic evaluation, often undertaken through the agency of a randomised controlled clinical trial.


This module aims to introduce students to the role and skills needed by health economists in order that they may undertake economic evaluation of healthcare interventions.


The UK's National Health Service
Health economic information and data
Measuring and valuing health outcomes
Economic decision modelling
Incremental cost benefit methods for health economics
Evaluating public health interventions
Valuation of new and novel medical devices
Health economics and the randomised control trial
Health economics in practice

Module Skills

Skills Type Skills details
Creative Problem Solving developed through class participation
Critical and analytical thinking developed in seminars and writing of project report
Professional communication developed through class participation
Subject Specific Skills analysis, measurement, evaluation


This module is at CQFW Level 5