AØKK08331U Seminar: Health Economic Analysis

Volume 2017/2018

MSc programme in Economics

The seminar is primarily for students at the MSc of Economics


Theoretical background and applied use of Cost-Benefit Analysis (CBA), Cost-Effectiveness Analysis (CEA) and Cost-Utility Analysis (CUA).

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. how health effects and health utility is measured.

Learning Outcome

The seminar will give the student

knowledge about:

  • economic valuation of life and health, approaches to the economic valuation of health,
  • the methodology and theoretical backgrounds of the various health analysis approaches,
  • how the different analysis approaches are used,
  • recent development in the modelling of health economic analysis.
  • the various approaches to economic evaluation of health compare the benefits of a health intervention to its cost.

skills to:

  • master to perform a health economic analysis in practice and understand it’s purpouse and use for decisionmakers.


  • to make and interpretate the results from health economi analysis.


Examples on topics:

  • Economic consequences of labour accidents in Denmark

  • Type 2 diabetes – cost effective interventions

  • Health economic analysis of complete heart rehabilitation in Esbjerg

  • COPD is expensive, are preventive interventions costeffective?

  • Economic consequences of undiagnosed OSA among T2D patients in Denmark.

  • Disability-adjusted life years (DALY) og cost-utility analyse

  • Health Economic Analysis of extended use of Famridine to MS-patients

  • Pay to Quit Program in Denmark - a health economic evaluation of paid smoking cessation.

  • Efficiency of Kidney Exchange – a health economic approach.

  • Labor Market Participation for People Facing Mental Disorder – a health economic analysis.

  • A cost-effectiveness analysis of two fluid interventions treating patients with severe sepsis.

  • Markov Chain Monte Carlo Simulation of two Treatment Regimes for Cystic Fibrosis.

  • HIV and DALYs in South Africa.

  • R&D based valuation of pharmaceutical companies.

  • Ebola and DALYs. Case study: Sierra Leone.

  • Cost-effectiveness of early treatment after an initial clinical event suggesting Multiple Sclerosis.

  • HPV vaccine as part of the children’s immunization program for boys in Denmark.

Morris S., Devlin N., Parkin D. and Spencer A. ((2012). Economic Analysis in Health Care. Wiley, 2. ed. Chapters 5, 6, 7 and 13. ISBN: 9781119951490

Zweifel, P., Breyer, F. and Kifmann, M. (2009). Health Economics. Springer, 2. ed. Chapters 6, 7, 8, 10, 11, 12 and 13. ISBN: 978-3-540-27804-7

Handouts, slideshows and articles.

BSc. econ or equivalent. The student will benefit from having a basic knowledge about health economics.
Planning/start-up meeting, research and writing process of the seminar paper, sessions with presentation of own paper and critical evaluation/feedback to another student´s paper, actively participating in discussions at class.

Before the session a "so-finalized-as-possible"-draft of the paper must be uploaded in Absalon. After the presentations, the student submit an edited version of the paper in the Digital Exam portal as the final exam paper. The aim is that students use the presentation sessions as an opportunity to receive and use the constructive feedback to improve the paper.
Schedule Autumn 2017:
Wednesdays 10:15-12:00:
- September 6: Intro, presentation of participants and of idea catalogue to thesis subjects.
- September13: Participants presentation of project titles and ideas. Discussions and feedback. Working process initiated.
- September 20: NO CLASS. Working process.
- September 27: Planning meeting.
First.hour: Presenting titles, agreeing on which day who gives their presentation and who is moderator for who.
Second hour. Presentation of curriculum by associate professor Niels S.Zeeberg
- October 4: DEADLINE FOR SUBMISSION OF COMMITMENT PAPER. Questions and supervision of students.
- October 11: Questions and supervision of students.
- October 18: NO CLASS. Writing process.
- October 25: Presentation and critical evaluation.
- November 1: Presentation and critical evaluation.
- November 8: Presentation and critical evaluation.
- November 15: Presentation and critical evaluation
- November 22: Presentation and critical evaluation.

Deadline of pre-paper uploaded to Absalon : In agreement with the lecturer
  • Category
  • Hours
  • Project work
  • 186
  • Seminar
  • 20
  • Total
  • 206
7,5 ECTS
Type of assessment
Written assignment
- a seminar paper in English that meets the formal requirements for written papers stated in the curriculum and at KUNet for seminars.
Exam registration requirements

Attendance in all activities at the seminar as stated in the formal requrements in the Curriculum and at the KUnet for seminars (UK) and Kunet for seminars (DK).

All aids allowed
Marking scale
7-point grading scale
Censorship form
External censorship
Exam period

Deadline for uploading the seminar paper to DE: 1st of December 2017 before 10:00 AM

For enrolled students more information about examination, rules, exam schedule etc. is available at the intranet for master students (UK) and  master students (DK)


A written paper as stated in the  Master curriculum and at the KUnet for seminars for master students (UK) and master students (DK). 

Criteria for exam assesment

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