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We are pleased to offer this short course online. This course is for health professionals and health researchers who want to understand the basics of health economics and its relevance to the health service. No previous knowledge of economics is required.

course DATES 

Next dates:

  • Monday 10  - Tuesday 11 May 2021 - Registration Open


Early Booking (until Noon, Wednesday 07 April 2021) Private Individual / Industry  £320 NOW CLOSED

Early Booking (until Noon, Wednesday 07 April 2021) Academic / Public Sector / Non-Profit Organisation  £195 NOW CLOSED

Standard rate - Private Individual / Industry  £365 - Click here to register and pay

Standard rate - Academic / Public Sector / Non-Profit Organisation  £240 - Click here to register and pay

Flat rate - Lower Middle Income Country** (LMIC) Private Individual / Industry £270 - Click here to register and pay 

Flat rate - Lower Middle Income Country** (LMIC) Academic / Public Sector / Non-Profit Organisation £170 - Click here to register and pay 


If you would like to make a group booking, please contact us at

**Countries which are defined as low-income economies or lower-middle-income economies (LMIC), are eligible for the reduced short course fees. A list of countries included can be found at this webpage:

Intro to HEE Book

What the course is about

The course is the starting point for anyone involved in the healthcare sector or in health services who needs to be introduced to the language of economics and economic evaluation. It explains how economists evaluate the costs and benefits of health interventions, and how health economics is used by decision makers in the health services and in the pharmaceutical and medical technology industries.

The course has been offered regularly at the University of Oxford for a UK-based audience, with its content applicable to healthcare worldwide. From 2020 we will be offering this course online.

No previous knowledge of economics is required, but for those who do have some general knowledge of health economics, or economic evaluation, it will serve as an introduction to the Applied Methods of Cost-effectiveness Analysis course.


  • To introduce key health economic concepts
  • To give an understanding of the design, conduct and analysis of economic evaluation in healthcare.


The course is divided into four modules:

  • Module 1: Introduction to key health economic concepts
  • Module 2: Measuring and valuing outcomes
  • Module 3: Measuring and valuing costs
  • Module 4: Interpreting and using cost-effectiveness analysis in decision making

Modules will comprise of a mix of pre-recorded lectures, practical exercises to reinforce the presentations, and live sessions with tutors to go over exercises and to provide an opportunity for questions.

Access to the online course materials including the pre-recorded lectures, exercises and other supporting documents will be provided two weeks in advance of the live sessions.

The lectures and practical exercises can be viewed and worked through at a time convenient to participants before the live sessions which will take place on Monday 22nd and Tuesday 23rd March 2021.

Draft Programme


Topics covered

Live Q&A session

Introduction to key health economic concepts

What is economics?

Types of economic evaluation

Explaining time preference

Introduction to cost-effectiveness analysis

Monday 10th May 2021, 2:00 - 3.30 pm (UK time)

Measuring and valuing outcomes

Introducing measures of health status

Techniques used to value health states

Using multi-attribute utility scales

Calculating Quality Adjusted Life Years (QALYs) analysis

Measuring and valuing costs

Defining costs

Measuring and valuing resource use

Which costs should be included?

Calculating and comparing costs analysis

Tuesday 11th May 2021, 2:00 - 3.30 pm (UK time)

Interpreting and using cost-effectiveness analysis in decision making

Incremental analysis

Decision rules

Priority setting

Uncertainty analysis

The language of the course is English.

A certificate of completion will be provided (electronically) post course.

Further information - Email HERC