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

S. Maloney, David Allan Cook, R. Golub, J. Foo, J. Cleland, G. Rivers, M. G. Tolsgaard, D. Evans, M. E. Abdalla, K. Walsh

Research output: Contribution to journalArticle

3 Citations (Scopus)

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 languageEnglish (US)
JournalMedical Teacher
DOIs
StatePublished - Jan 1 2019
Externally publishedYes

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decision making
costs
economics
decision maker
profession
health
evaluation
resources
education

ASJC Scopus subject areas

  • Education

Cite this

AMEE guide no. 123–How to read studies of educational costs. / Maloney, S.; Cook, David Allan; Golub, R.; Foo, J.; Cleland, J.; Rivers, G.; Tolsgaard, M. G.; Evans, D.; Abdalla, M. E.; Walsh, K.

In: Medical Teacher, 01.01.2019.

Research output: Contribution to journalArticle

Maloney, S, Cook, DA, Golub, R, Foo, J, Cleland, J, Rivers, G, Tolsgaard, MG, Evans, D, Abdalla, ME & Walsh, K 2019, 'AMEE guide no. 123–How to read studies of educational costs', Medical Teacher. https://doi.org/10.1080/0142159X.2018.1552784
Maloney, S. ; Cook, David Allan ; Golub, R. ; Foo, J. ; Cleland, J. ; Rivers, G. ; Tolsgaard, M. G. ; Evans, D. ; Abdalla, M. E. ; Walsh, K. / AMEE guide no. 123–How to read studies of educational costs. In: Medical Teacher. 2019.
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