313.631.01 | AY 2013-2014 - 3rd Term | 4 Credit(s)
WF 10:30:00 AM
  • Contact Information
    Dagna Constenla
    David Bishai
    Greg de Lissovoy
    Krishna Rao
  • Course Learning Objectives

    Upon successfully completing this course, students will be able to:

    • identify the key steps involved in building and analyzing a Markov model
    • carry out an economic evaluation designed to guide the investment decisions of policy makers using Markov modeling
    • effectively communicate results from the cost-effectiveness analysis.
  • Course Description

    This is the second part of the Economic Evaluation sequence. The course will delve deeper into the concepts taught in the Economic Evaluation I course. The aim is to enable the student to understand and apply advanced methods in the economic evaluation of health interventions.The course will begin with a look at alternative approaches to economic evaluation and step-by-step guide on how to construct a Markov model. Costs will be explored in more detail by examining the sources of cost data, working with cost parameters, and adjusting costs for time and space. Outcome measures will be explored in much more depth by investigating the theoretical framework for the value of health and health care to the consumer (e.g. Grossman), measuring and valuing health with “natural” units and examining methods for measuring health state preferences (e.g. TTO, SG, E5QD). Modeling will be more time-intensive in this course. The prerequisite for this course is to have completed Economic Evaluation I with a final grade no lower than “B”.



  • Intended Audience
    students interested in the concepts of economic evaluation
  • Methods of Assessment

    Class participation and final project

    Grading Scheme

    • Modeling project (60 points)
      3 intermediate tasks (45 points)
      Final completed model and documentation (15points)

    • Homework assignments (20 points) 
      3 assignments (5 points each)
      Pair-share exercises (modeling exercise) (5 points)

    • Final examinaton (20 points)


  • Prerequisites
    313.630 or 313.790.81 are strongly recommended
  • Required Text(s)

    Cost-effectiveness analysis in health: a practical approach  (Muennig, Peter)

    - Available on line through Johns Hopkins Libraries (

    The textbook is a supplement to the articles. Readings will be suggested (see the detailed schedule)


  • Course Schedule

    Please see the course Session for a full list of dates and items for this course.

  • Academic Ethics Code

    Students enrolled in the Bloomberg School of Public Health of The Johns Hopkins University assume an obligation to conduct themselves in a manner appropriate to the University's mission as an institution of higher education. A student is obligated to refrain from acts which he or she knows, or under the circumstances has reason to know, impair the academic integrity of the University. Violations of academic integrity include, but are not limited to: cheating; plagiarism; knowingly furnishing false information to any agent of the University for inclusion in the academic record; violation of the rights and welfare of animal or human subjects in research; and misconduct as a member of either School or University committees or recognized groups or organizations.

  • Course topics




  • Contact Information(from old syllabus)

    Jeromie Ballreich:

    Office hours: By appointment



    Ellen Janssen:

    Office hours:  Mondays from 12-2pm (please email when planning to attend)

  • Disability Support Services
    If you are a student with a documented disability who requires an academic accommodation, please contact the Office of Student Life Services at 410-955-3034 or via email at