SHORT COURSE: ADVANCE MODELLING FOR ECONOMIC EVALUATIONS USING EXCEL
Date: 22, 23, 29, 30 March 2021
Post-event Report Written by Juthamas Prawjaeng
This course provided the participants with an insightful overview of conducting economic evaluation, covering from basic economic evaluation-related statistics, model construction, sensitivity analysis, results presentation, model validation to guidance for economic evaluation publication. It was conducted through a series of pre-recorded video lectures, online quizzes, and live sessions focusing on hands-on exercises and Q&A.
Attended by 57 participants from India, Kenya, Laos, Malaysia, Philippines, Rwanda, Singapore, Thailand and Vietnam, the course was designed for intermediates who have some basic knowledge on economic evaluation and are keen to learn the whole process of conducting economic evaluation. I had been involved in conducting some process of economic evaluation in the past, but not all of them, for example, running one-way sensitivity analysis, probabilistic sensitivity analysis and constructing cost-effectiveness acceptability curves but not constructing the model on excel. Therefore, I find that this course has helped me to further develop/expand my economic evaluation skills.
Schematic diagrams of Markov models presented by the participants during group presentation
Overall, I was very happy with this course for several reasons. First of all, the pre-recorded lectures and online quizzes are flexible to study anywhere, anytime. I could go back to study repeatedly as needed and it made my learning easy and efficient. Secondly, the live sessions allowed me to ask questions to the lecturers and the exercises that were provided gave me a better understanding of what lecturers are teaching and gave me a better idea on how to apply these concepts in the real world. Thirdly, the exercise instructions were very clear and therefore the participants could follow them to complete the exercises themselves. Last but not least, the lecturers and teaching assistants are keen on answering the participants’ questions.
What Participants Say About This Course
“A great way to be introduced to and levelled up on modelling for economic evaluations using Excel. Even if you don’t come out of the course an expert or confident modeler after 4 days, the content allows you to better appraise, appreciate and understand what should be done in a proper economic evaluation.” Aaron Martin Senior Analyst, Ministry of Health, Singapore |
“This training workshop has elevated my confidence and opened my eyes to the continuum of possibilities of approaches for conducting economic evaluation. It has equipped me with skill to do modelling and given pointers to what I need to learn more of.” Mercy Mugo Panellist, Health Benefits Package Advisory Panel, Rwanda |
“This is one of the best courses on economic modelling I have attended. Right blend of offline and online content. I recommend this course to all researchers interested in economic evaluation modelling.” Sitanshu Sekhar Kar Associate Professor, JIPMER, India |
“The course was so informative, engaging and is accommodating to all professionals interested in advanced health economic modelling.” Sabrina Aguinaldo Pharmacist, Department of Health (DOH), Philippines |
“A great crash course for economic modelling covering key concepts. Knowledgeable lecturers and TAs!” Lim Yan Ling Senior Market Access & Pricing Analyst, Pfizer, Singapore |
Interested to find out what another participant felt about the course? Read more here!