Principles of Pharmacoeconomics and Valuation of Health States

Practical Information

Commencing Date:
World Wide (Distance Learning)

Teaching Methodology:
Distance Learning
Credits :
Short courses (CPD): 3 ECTS credits

European Fees:
3000 EUR
Scholarship Possibilities:

Course Contact

Eu2P Office


Fees Information

Office Link


University Accreditation: Yes

PharmaTrain Centre


pricing and reimbursement purposes. Insight in the strengths and weaknesses of the different economic evaluation techniques is needed for improved decision making on medicines. The objective of this module is to gain insight into different preference valuation techniques and (pharmaco)economic evaluation methods. The topics covered in this module are: Introduction Costs Effects Pharmacoeconomic analysis How to perform a good pharmacoeconomic evaluation


At the end of this module, trainees will be able to: - Describe the elements and scope of Health Technology Assessment (HTA) - Execute a cost study and how to take into account the perspective in such studies. - Calculate the different effect measures used in pharmacoeconomics - Describe the different approaches for valuation of health states and to interpret these values - Conduct a pharmacoeconomic analysis including all relevant aspects(incremental cost-effectiveness ratio (ICER), type of outcome analysis including differential timing, health outcomes models, and sensitivity analysis) - Evaluate the quality of a pharmacoeconomic evaluation study - Design a pharmacoeconomic study (extended version)

IMI Standards

  • A predefined set of teaching objectives, leading to defined learning outcomes
  • Assessment of the students' achievement in accordance with the agreed learning outcomes of the training offered
  • A system for collecting, assessing and addressing feedback from learners, teachers, technical / administrative staff and programme / course / module managers
  • Availability of appropriate and regularly reviewed reference material (e.g. published articles, links, book chapters, scripts, etc)
  • Defined and transparent admission criteria
  • Quality assurance of teaching staff
  • Regular review of the QA/QC process and demonstration that the training is further developed in light of this review
  • The facilities, infrastructure, leadership and competences available for the support of student learning
  • University accreditation OR a system for approving, monitoring and reviewing the training offered