Economics and Evaluation: Decision Modelling for Health Economic Evaluation (HE-4)

Date: 17th November 2022, 13pm 

Economics and Evaluation: Decision Modelling for Health Economic Evaluation

17th November 2022, 13pm 

In this virtual session, Health Economics expert Anna Buylova of the Health Economics Unit will lead attendees through a two-hour interactive session.  

Learning Outcomes

This session will discuss the rationale for analytical models. It will provide an understanding of Markov models and decision trees and an introduction to hybrid models and simulation. We will also look at different types of sensitivity analyses and how to interpret modelling results. 

Attendees will leave with: 

  • An understanding of the building blocks in analytical modelling  
  • Knowledge of how to populate a model and how to appraise existing models 


To complement this course, we would recommend you attend:

Look out for our other HE training sessions in the coming weeks.


Analysts and those involved or have an interest in modelling in health economics.  


  • Understand what a model is and rationale for using models in economic evaluations 
  • Interpret and appraise a Markov model for economic evaluation 
Anna Buylova

Anna Buylova Anna is a passionate health economist with over 10 years of experience in health economics. This includes decision modelling, methodologies of study design and conducting health economic evaluations across a range of diseases, settings and population groups, and measuring determinants of socio-economic inequality in access to healthcare services. She is particularly interested in emerging trends in statistical methodology and in making the most of NHS data to improve care for patients. 

Before joining the Health Economics Unit, Anna worked on the evaluation of innovative medical technologies (including digital health and artificial intelligence technologies) helping the NHS adopt efficient and cost-effective medical devices and diagnostics more rapidly and consistently. This included cost utility, cost consequence, cost-effectiveness (including building de novo Markov models) and budget impact models; as well as delivery of projects funded through NHS AI Lab and Healthcare awards. 

Reading Materials

  • (Optional): Decision Modelling for Health Economic Evaluation (Handbooks in Health Economic Evaluation) (A Briggs, K Claxton, M Schulpher, 2006). 


To complement this course, we would recommend you attend:

This course is free and available to all those working in the Midlands Public Health and Social Care sector , e.g. NHS, Public Health, Local Authority, ICBs

2 hours

Online – delivered via Teams

Date: 17th November 2022, 13pm 

Registration is now closed.

Please see further Health Economics sessions from the Health Economics Unit – available to book now!

For more information about this course, please contact:

Training & Development Operational Lead, Rachel Caswell