AMEE guide no. 123 - How to read studies of educational costs

S Maloney; D A Cook; R Golub; J Foo; J Cleland; G Rivers; M G Tolsgaard; D Evans; M E Abdalla; K Walsh

doi:10.1080/0142159X.2018.1552784

AMEE guide no. 123 - How to read studies of educational costs

S Maloney (Corresponding Author), D A Cook, R Golub, J Foo, J Cleland, G Rivers, M G Tolsgaard, D Evans, M E Abdalla, K Walsh

Research output: Contribution to journal › Article › peer-review

20 Citations (Scopus)

9 Downloads (Pure)

Abstract

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 language	English
Pages (from-to)	497-504
Number of pages	8
Journal	Medical Teacher
Volume	41
Issue number	5
Early online date	22 Feb 2019
DOIs	https://doi.org/10.1080/0142159X.2018.1552784
Publication status	Published - 2019

Bibliographical note

We would like to acknowledge the talented Melanie Crittle, for her original illustrations.

Keywords

MEDICAL-EDUCATION
ECONOMIC-EVALUATION
HEALTH-CARE
GENERALIZABILITY
RECOMMENDATIONS
QUALITY

Access to Document

10.1080/0142159X.2018.1552784Licence: Unspecified

Accepted Manuscript
This is an Accepted Manuscript of an article published by Taylor & Francis in Medical Teacher on 22 Feb 2019, available online: http://www.tandfonline.com/10.1080/0142159X.2018.1552784.
Accepted author manuscript, 1.76 MBLicence: Unspecified

Cite this

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title = "AMEE guide no. 123 - How to read studies of educational costs",

abstract = "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?",

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AU - Rivers, G

AU - Tolsgaard, M G

AU - Evans, D

AU - Abdalla, M E

AU - Walsh, K

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AMEE guide no. 123 - How to read studies of educational costs

Abstract

Bibliographical note

Keywords

Access to Document

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