Seminar: Health economic analysis

Course content

Following the course will enable the student to understand:

economic valuation of life and health; approaches o the economic valuation of health; the methodology and theoretical backgrounds of the various health analysis approaches; how the different analysis approaches are used.

The various approaches to economic evaluation of health compare the benefits of a health intervention to its cost. We shall focus on comparing health interventions with benefits measured in a one-dimensional scale to status quo and to other interventions; and to compare health interventions with benefits (utility) measured in units of a cardinal utility function with status quo and other interventions; and also to compare interventions, where benefit is measured in money units.


MSc programme of Economics
The seminar is primary for students at the MSc of Economics

Learning outcome

Cost-Benefit Analysis (CBA);

Cost-Effectiveness Analysis (CEA);

Cost-Utility Analysis (CUA);

Theoretical background of the above; Applied use of CBA, CEA and CUA.

Commitment paper, presentations and final paper must be in English! Introduction (one day); presentation of topics (one day); students presentation of topics (one day) (slideshows); commitment paper; during writing process supervision (one day);. students presentations of seminar papers with students as moderators; writing process, handing in final seminar paper for examination.

Zweifel et al., 2009. Zweifel, P., Breyer, F. og Kifmann, M. (2009). Health Economics. Springer, 2. ed. ISBN no. 978-3-540-27804-7. Plus Handouts and articles.

BA econ, BA scient san publ or similar. Beneficial trade-off from courses on courses such as economic principles and/or health economy.

Program: Wednesdays from 8-10 the following days:
- September 7: Intro, presentation of participants and of idea catalogue to thesis subjects.
- September 14: Participants presentation of project titles and ideas. Discussions and - feedback.
- September 21: Presentation of health economic analysis and curriculum by associate professor. Writing process initiated.
- October 12: Questions and supervision of students.

Presentations: Wednesdays from 8-13
November 16: Presentation and critical evaluation of student 1, 2, 3, 4, 5 and 6.
November 23: Presentation and critical evaluation of student 7, 8, 9, 10, 11 and 12.
November 30: Presentation and critical evaluation of student 13, 14, 15, 16 and postponed students.
All students must be participating at all days of presentations.

7,5 ECTS
Type of assessment
Written assignment
A written seminar paper in English.
All aids allowed

All papers in the seminar are allowed.

Marking scale
7-point grading scale
Censorship form
External censorship
up to 20 % censorship at the seminarpaper
Criteria for exam assessment

The student must in a satisfactory way demonstrate that he/she has mastered the learning outcome of the course.

  • Category
  • Hours
  • Seminar
  • 22
  • Exam
  • 1
  • Project work
  • 183
  • English
  • 206