The Role of Value Assessment in Health Care Economics
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Description
This exam investigates theoretical principles related to value assessment in health care. It underscores the importance of evaluating health interventions and guiding resource allocation.
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Exam Details
Duration: 50 minutes
Prerequisites: Econometrics in Health, Advanced Health Economics, Statistics for Economists
Key Topics
- Value Assessment
- Health Interventions
- Cost-Utility Analysis
- Quality-Adjusted Life Years
- Stakeholder Decision-Making
Learning Outcomes
- Explain Value Assessment Methods
- Evaluate Health Interventions
- Discuss Cost-Utility Analysis
- Justify QALY Utilization
Full Description
This exam focuses on the theoretical foundations of value assessment in health care systems. Students will critically evaluate methodologies used for determining health care value.
Value assessment is essential for informing stakeholders about the effectiveness of health interventions and directing funding towards high-impact programs.
Candidates will be expected to discuss and justify different value assessment methodologies verbally, including cost-utility analysis and quality-adjusted life years (QALYs).
Discussions will emphasize both theoretical principles and empirical findings, highlighting discrepancies between theoretical evaluations and practical applications.
Sample Questions
- What methodologies are commonly used in health care value assessment?
- How does cost-utility analysis influence stakeholder decisions in health care?
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