"Economic evaluation" is a generic term that includes cost analysis, cost-benefit analysis, cost effectiveness analysis, and cost utility analysis, and is employed as a tool to make decisions in the public and private sector.
Economic evaluation is gaining more relevance in the current economic context since European countries, and in particular Spain, need to make the right decisions, i.e., prioritizing those programs that have a positive impact on society welfare at the minimum cost.
Unlike a business course, which focuses on profit/loss to the firm, this course is taught primarily from the societal perspective, so that impacts on all citizens in society are considered.
The course introduces the theory, methods, and application of economic evaluation to health, safety, and environmental programs. Applications cover preventive and therapeutic medicine, occupational and environmental health, consumer protection and injury control, and environmental programs and policy.
The learning objectives of the course are to:
1) develop an understanding of the theoretical underpinnings of economic evaluation;
2) learn how different types of economic evaluations are carried out in practice;
3) learn how to critically examine economic evaluations of specific programs;
4) explore how economic evaluation bears an impact on the real-world decision making responsibilities of authorities in the public and private sectors.
The course is organized by Indiana University (School of Public and Environmental Affairs, USA) in collaboration with the Public University of Navarra (School of Economics and Business, Spain).
This course is also offered in two shorter courses for those who are not able to attend the entire course or are more interested in the applications to environmental programs or those applied to health economics. You can go to the description of the shorter courses by clicking here:
Área de Formación
Campus de Arrosadía. Edificio de El Sario
Teléfonos: + 34 948 16 9770 / +34 948 16 9813
Fax: + 34 948 16 9769