Veidlapa Nr. M-3 (8)
Study Course Description
Economic Modelling Techniques
Course Code
VVDG_030
Branch of Science
Economics and Business
ECTS
12.00
Target Audience
Health Management
LQF
Level 7
Study Type And Form
Full-Time
Study Course Implementer
Course Supervisor
Daiga Behmane
Structure Unit Manager
Daiga Behmane
Structural Unit
Health Management Teaching Group
Contacts
Dzirciema street 16, Rīga
About Study Course
Objective
The overall objective of this course is to provide students with a fundamental knowledge of economic modelling, modelling techniques and economic evaluation to support decision making in healthcare. Beside a general overview of modelling and modelling techniques for business processes, a special focus is given to health care and the application and benefit of economic modelling approaches to health care services.
Preliminary Knowledge
Data Analysis in Health Care, Health Economics, Health Management, Basics of economics.
Learning Outcomes
Knowledge
1.Upon successful completion of the module´s course the students will: • be familiar with the basic foundations of Economic Modelling, Modelling Techniques and Economic Evaluation in health care; • be able to recognize and use the different Modelling Techniques to solve theoretical and real-world problems in health care; • know the basic elements and process of Modelling in health care; • have applied Modelling as “hands on” using standard software, e.g. Microsoft Excel, or Open-Source-Software; • be aware of the specificities of the operating environment of health care systems; • be able to understand the process of efficient decision making in health care systems.
Skills
1.The students will be able to: • understand possible areas of the use of Economic Modelling in health care; • understand, how Economic Modelling and Economic Evaluation might help to solve problems in Health Care Management; • analyze situations and recognize problems regarding Health Management and justify if and how Modelling Techniques might be useful to overcome these obstacles; • use economic concepts, including modelling, Economic Evaluation in the analysis of Health Care Management; • provide decision making support in health care.
Competences
1.Students will be able to: • recognize the potentials of different modelling techniques; • identify and solve problems in health care using economic modelling tools; • support decisions in health care settings; • increase efficiency in health care services.
Assessment
Individual work
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Title
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% from total grade
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Grade
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|---|---|---|
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1.
Individual work |
-
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-
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• Published research study literature acquisition related to the theory and application of modelling, critical evaluation and assessment of published economical models;
• Collection and analysis of information for the development of economic models;
• Development of the individual and group class work: development of economic models and presentation of the results.
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Examination
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Title
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% from total grade
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Grade
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|---|---|---|
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1.
Examination |
-
|
-
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• Activity during interactive lectures
• Quality and terms of individual and group tasks
• Accuracy and precision of written exam answers
Students will be evaluated 50% on written exam and 50% on class work and other tasks.
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Study Course Theme Plan
FULL-TIME
Part 1
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Introduction to modelling in health care
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Basic definitions of modelling terminology, concepts
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Basic definitions of modelling terminology, concepts
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Basic definitions of modelling terminology, concepts
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Application of modelling
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Modelling techniques in health care
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Application of modelling
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Application of modelling
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Application of modelling
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Application of modelling
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Decision trees
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Decision trees
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Decision trees
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Decision trees
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Markov models
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Economic evaluation for decision making in health care system
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Markov models
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Markov models
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Markov models
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Markov models
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Monte-Carlo simulation
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Monte-Carlo simulation
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Monte-Carlo simulation
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Monte-Carlo simulation
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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System dynamics
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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System dynamics
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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System dynamics
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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System dynamics
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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System dynamics
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Discrete-Event-Simulation
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Discrete-Event-Simulation
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Discrete-Event-Simulation
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Discrete-Event-Simulation
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Agent-Based Modelling
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Agent-Based Modelling
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
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Topics
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Agent-Based Modelling
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Fundamentals on Economic Evaluation, definitions and terminology
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Fundamentals on Economic Evaluation, definitions and terminology
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Fundamentals on Economic Evaluation, definitions and terminology
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Lecture
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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The process and application of Economic Evaluation to health care
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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The process and application of Economic Evaluation to health care
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-
Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
|
Auditorium
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2
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Topics
|
The process and application of Economic Evaluation to health care
|
-
Class/Seminar
|
Modality
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Location
|
Contact hours
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|---|---|---|
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On site
|
Auditorium
|
2
|
Topics
|
The process and application of Economic Evaluation to health care
|
-
Lecture
|
Modality
|
Location
|
Contact hours
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|---|---|---|
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On site
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Auditorium
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2
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Topics
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Appropriate Economic Evaluation models for “real world” health care system problems
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Class/Seminar
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Modality
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Location
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Contact hours
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|---|---|---|
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On site
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Computer room
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2
|
Topics
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Appropriate Economic Evaluation models for “real world” health care system problems
|
-
Class/Seminar
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Modality
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Location
|
Contact hours
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|---|---|---|
|
On site
|
Computer room
|
2
|
Topics
|
Appropriate Economic Evaluation models for “real world” health care system problems
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Computer room
|
2
|
Topics
|
Appropriate Economic Evaluation models for “real world” health care system problems
|
-
Lecture
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Auditorium
|
2
|
Topics
|
Economic Evaluation for decision making in health care in theory and in practice
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Computer room
|
2
|
Topics
|
Economic Evaluation for decision making in health care in theory and in practice
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Computer room
|
2
|
Topics
|
Economic Evaluation for decision making in health care in theory and in practice
|
-
Class/Seminar
|
Modality
|
Location
|
Contact hours
|
|---|---|---|
|
On site
|
Computer room
|
2
|
Topics
|
Economic Evaluation for decision making in health care in theory and in practice
|
Total ECTS (Creditpoints):
12.00
Contact hours:
96 Academic Hours
Final Examination:
Exam
Bibliography
Required Reading
1.
Drummond M. (2015), Methods for the economic evaluation of health care programmes, Oxford university Press. Available from: ProQuest Ebook Central Academic Complete
2.
Ozcan, Y. A. (2017), Analytics and Decision Support in Health Care Operations Management, 3rd Edition, San Francisco.
3.
Frederick S. H., Lieberman G. J. (2021), Introduction to Operations Research. McGraw-Hill: Boston MA.
4.
Briggs A.et al. (2006), Decision Modelling for Health economic Evaluation, Oxford university Press. (practical guide - latest edition).
5.
Banks, J. (2014), Discrete-event system simulation. 5th ed. Prentice-Hall international series in industrial and systems engineering, Pearson Prentice Hall, Upper Saddle River, NJ.
6.
Law, A. M. (2015), Simulation modeling and analysis, 5th ed., Boston.
Additional Reading
1.
Sun, X., Alured, Th. (2008), Decision-analytical modelling in health-care economic evaluations, The European journal of health economics, 9., 2008, 4.
2.
Edlin, R., McCabe, Ch., Hulme, C., Hall, P., Wright, J. (2015), Cost Effectiveness Modelling for Health Technology Assessment : A Practical Course / Richard Edlin [et al.].
3.
Pitt M., Monks T., Crowe S., Vasilakis C. (2016), Systems modelling and simulation in health service design, delivery and decision making. BMJ Qual Saf, 25(1), 38-45.
4.
Brazier, J., Ratcliffe, J., Salomon, J.A., Tsuchiya, A. (2017), Measuring and valuing health benefits for economic evaluation, Oxford University Press.
5.
Menendez, Santiago., Fernandez Perez, Jose Luis., The Complex Systems Modelling Group (CSMG). (2010), Modelling in healthcare. Oxford University Press Southern Africa.
Other Information Sources
1.
Winter Simulation Conference Archive. Available from: https://informs-sim.org/
2.
Quantitative modelling in the management of health care, IMA International Conference on Quantitative Modelling in the Management of Health Care; 6 (London): 2010.03.29-31
3.
IMA International Conference on Quantitative Modelling in the Management of Health Care. 2015.