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Module 8 - Outcome Measurement & Valuation - ECO00060M

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  • Department: Economics and Related Studies
  • Credit value: 20 credits
  • Credit level: M
  • Academic year of delivery: 2022-23

Module summary

This module develops your understanding of health and non-health outcome measures for use in the economic evaluation of health care interventions.

Module will run

Occurrence Teaching period
A Spring Term 2022-23

Module aims

This module develops your understanding of health and non-health outcome measures for use in the economic evaluation of health care interventions.

Module learning outcomes

Upon successful completion of the module you should be able to:

  • Outline the concept of health, the theoretical foundations of outcome measurement and measuring health for economic evaluation.
  • Describe how to derive a summary measure of health and understand different approaches to measuring and valuing health.
  • Examine the technical characteristics of a good health status index and potential weaknesses.
  • Explore and assess different types of outcome measure such as generic vs. specific, clinical, patient reported, intermediate, surrogate and final outcomes.
  • Explain the use of non-preference based measures of health in economic evaluation.
  • Explain the use of outcome measures for carers and care recipients.

Indicative assessment

Task % of module mark
Open Exam (4 days) 100

Special assessment rules

None

Indicative reassessment

Task % of module mark
Open Exam (4 days) 100

Module feedback

Feedback will be given in line with University guidelines

Indicative reading

Measuring and valuing health benefits for economic evaluation, J. Brazier, J. Ratcliffe, J. Salomon and A. Tsuchiya (2017). Oxford University Press, Oxford.



The information on this page is indicative of the module that is currently on offer. The University constantly explores ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary. In some instances it may be appropriate for the University to notify and consult with affected students about module changes in accordance with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.