TBD: Economic Analysis

Learning Objectives:
  • To understand the different types of economic evaluations commonly performed to help prioritize health spending when resources are constrained.
  • To understand the clinical epidemiological principles that make up a well designed cost effective analysis (CEA).
  • To understand the different types of “costs” and “effects” analyzed in CEA.
  • To understand the concept of quality adjusted life years (QALYs).
  • To understand the principle behind and importance of sensitivity analyses in CEAs.
  • To be able to read and analyze a cost effective analysis based upon a decision analysis model.

Read in the below order:

Use the JAMA User's Guide to the Medical Literature to evaluate the two articles (readings #3 and #4).  Answer the questions in Table 1  as you read them.