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AMEE Guide No. 123 - How to read studies of educational costs

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  1. How to conduct cost and value analyses in health professions education: AMEE Guide No. 139

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  3. Ultrasound education in the context of COVID-19: challenges and way forward

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  4. Valid and Reliable Assessment of Upper Respiratory Tract Specimen Collection Skills during the COVID-19 Pandemic

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  5. How to conduct cost and value analyses in health professions education: AMEE Guide No. 139

    Research output: Contribution to journalJournal articleResearchpeer-review

  • S Maloney
  • D A Cook
  • R Golub
  • J Foo
  • J Cleland
  • G Rivers
  • M G Tolsgaard
  • D Evans
  • M E Abdalla
  • K Walsh
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Healthcare and health professions education share many of the same problems in decision making. In both cases, there is a finite amount of resources, and so choices need to be made between alternatives. To navigate the options available requires effective decision making. Choosing one option requires consideration of its opportunity cost - the benefit forgone of the other competing options. The purpose of this abridged AMEE guide is to introduce educational decision-makers to the economic concept of cost, and how to read studies about educational costs to inform effective cost-conscious decision-making. This guide leads with a brief review of study designs commonly utilized in this field of research, followed by an overview of how study findings are commonly presented. The tutorial will then offer a four-step model for appraising and considering the results of an economic evaluation. It asks the questions: (1) Can I trust the results? (2) What are the results telling me? (3) Could the results be transferred to my context? (4) Should I change my practice?

Original languageEnglish
JournalMedical Teacher
Volume41
Issue number5
Pages (from-to)497-504
Number of pages8
ISSN0142-159X
DOIs
Publication statusPublished - May 2019

ID: 58139746