Categories: Economic Evaluation, NHS
What Can Health Economics Do For You?
Description
Health economics helps to inform difficult decisions around the prioritisation of resources within healthcare systems. It is vital for decision makers to consider the health economic implications of funding new interventions in health and social care, to maximise population health while spending budgets efficiently. It is also important that the developers of innovations consider the economic impact of their interventions, to ensure that a compelling business case can be developed, and the product development cycle is as efficient as possible.
This half day training course will introduce key concepts of health economics, with a focus on the benefits that considering these concepts can have for both decision makers and for developers/innovators. The session will provide an overview of why health economics is important and how economic evaluations can be used to assist with decision making.
Topics that will be covered include:
- Principles of health economic evaluations and how they are helpful
- Costs and benefits – what are they and how can they be measured?
- Use of economic models and dealing with uncertainty
Course trainers

Nick Hex
Director of NHS Consulting

Rachael MacDonald
Project Director

Jo Hanlon
Project Director
Location
This training course will take place online. Further details will be emailed to you before the training event.
Course questions
Investing in your professional development is an important decision. To ensure you have all the information you need, we’ve answered some of the most frequent questions about our course below. If you require further details prior to reserving your place, please contact us.
The course would be of benefit to those working in the NHS and public sector, people involved with or implementing public health interventions, or people who would like a greater understanding of different components of decision making, such as companies with new health technologies.
This course can be taken independently, or will be complimentary to 3 other courses:
YHEC’s training courses are not recorded. However, the slides will be shared with those who attended the session.