Glossary: Extended Cost-Effectiveness Analysis
2022
This glossary of terms supports the teaching pack on Extended Cost-Effectiveness Analysis (ECEA), in which students are introduced to the purpose and objectives of ECEA, how it builds on cost-effectiveness analysis to explicitly incorporate equity impact evaluation in health economic evaluations, and how ECEA is conducted. In addition to the glossary, materials include videos and a tutorial.
Glossary of Terms
- Analytic horizon
- Analytic perspective
- Average cost
- Budget impact analysis
- Catastrophic Health Expenditures
- Comparative effectiveness
- Comparator
- Cost per QALY
- Cost per poverty case averted
- Cost per death averted
- Cost-effectiveness analysis (CEA)
- Cost-effectiveness ratio
- Cost-effectiveness threshold
- Cost-of-illness analysis
- Costs
- Economic efficiency
- Economic evaluation
- Effectiveness
- Efficacy
- Efficiency
- Extended Cost-Effectiveness Analysis (ECEA)
- Externality
- Financial Risk Protection (FRP)
- Health economics
- Health technology
- Impact analysis
- Impoverishing Health Expenditures
- Objective function
- Perspective
- Priority setting
- Private Expenditures Averted
- Shopping spree
- Social cost
- Social utility function
- Social welfare function
- Societal perspective
- Technical efficiency
- Time horizon
- Total cost
- Value of information
- Willingness to pay (WTP)
This teaching pack was developed by Dr. Stéphane Verguet at the Center for Health Decision Science. Stéphane Verguet is Assistant Professor of Global Health at the Harvard T.H. Chan School of Public Health in the Department of Global Health and Population.
Glossary: Extended Cost-Effectiveness Analysis
Source:
Glossary: Teaching Pack: Extended Cost-Effectiveness Analysis. Center for Health Decision Science, Harvard T.H. Chan School of Public Health 2022. https://repository.chds.hsph.harvard.edu/repository/collection/teaching-pack-extended-cost-effectiveness-analysis/resource/3426