Vanderbilt Economic Modeling Fellowship
May 2025
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Program Overview
This fellowship program offers an advanced exploration into decision analytic economic evaluation methods. The program builds off previous training through D2P Economic Evaluation Workshops (Thailand 2022, Türkiye 2024) which focused on formulating a decision problem, building decision trees and developing Markov models. This advanced training incorporates additional modeling approaches and advanced modeling methods including calibration and validation of models, uncertainty analysis, calibration, and value of information analysis.
While we emphasize practical application, the understanding of fundamental theoretical concepts and modeling skills is also highlighted. Fellows will take on a Capstone Project drawn from a real-world decision problem in a clinical or policy context to the development of a fully-fledged model. This hands-on project takes fellows through all stages of research, from formulating a question to presenting the final results, which may also lead to stakeholder-ready models and potential manuscript development.
Throughout the fellowship, technical modeling material and capstone work is augmented with guest lectures and practical instruction on leadership skills for maximizing impact of economic evaluations.
Arrival And Logistics Information
Preparing for Your Capstone
Introductory Presentation Template
Final Presentation Template
Overarching Goals
- Decision impact: Have an economic evaluation that can inform a decision
- Capacity strengthening: Have highly-trained individuals in government officers
Program Structure
The fellowship program will adopt a blend of:
- In-Class Lectures: Foundational knowledge and concepts will be shared
- Modeling Clinics: Hands-on experience in modeling and other practical exercises
- Final Capstone: Development of a fully-fledged model, policy brief and presentation
- Individual Presentations: For sharing research ideas, projects in progress, and final results. These in-class presentations will allow for constructive comments both on the substance of the research and on presentation style. Fellows will not only present their own work but also practice providing critical feedback to their peers.
- Mentorship: Fellows will have access to numerous Vanderbilt faculty and staff to promote their economic evaluation skill development and support career development. Because the fellowship is located at a large teaching hospital, fellows will also have access to clinical expertise relevant to the underlying health conditions. Fellows will be exposed to a diverse array of invited guest lecturers to expand their networks.
- Additional Professional Development Opportunities: This fellowship program is also intended to bolster and further develop the skill sets necessary for a grant proposal for submission, effective communication, mentorship, etc.
Learning Objectives
Upon successful completion of this program, students will be able to:
- Understand and apply state-of-the-art modeling methods to evaluate the comparative effectiveness and cost-effectiveness of health interventions
- Formulate a clinical or public health question in a decision-analytic framework
- Design and program a decision-analytic model, estimate model parameters using available epidemiological, clinical, and economic data, and become familiar with the process of model debugging
- Exercise oral presentation skills of research ideas, works-in-progress, and final analysis
- Critically appraise and provide constructive feedback on other decision analysis projects
- Compose a journal-style report of the decision analysis
Schedule
Date | Workshop Times & Topics | Notes |
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Week One | ||
Saturday, May 3 | Fellows arrive | |
Sunday, May 4 | 5:00 - 8:00pm Welcome Dinner and Orientation at Barcelona | Location: Barcelona, 1200 Villa Place, Suite 110, Nashville, TN 37212 Group Dinner Menu – Please Let us know if you have food allergies! |
Monday, May 5 | 9:00-12:00pm - Recap of previous D2P Economic Modeling Workshops
1:15 – 2:45 – Fellow Introductions and Presentations (Part 1) 3:00 – 4:30pm - Campus & Medical Center Tour Anna Clarke Paxton and GPED student |
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Tuesday, May 6 | 9:00-12:00pm - Recap of previous D2P Economic Modeling Workshops
1:00 – 2:45 – Fellow Presentations (Part 2) 3:00-4:30pm - Searching the literature Philip Walker, Eskind Biomedical Library |
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Wednesday, May 7 | 9:00-10:00pm – Tufts Global Health CEA Registry Recorded video of Peter’s talk 11:00am – 2:30pm - Work on Capstone Model (lunch on your own) 2:30pm - Capstone Presentations |
Lecturer: Peter Neumann, Ph.D. (Tufts University) Visiting Researcher: Xiaoyan Wang, MPH (Tufts) |
Thursday, May 8 | 9:00-12:00pm – Modeling Clinic: Sensitivity and Uncertainty Analysis (Leech) Calibration and Validation (Zhu) 1:00 – 2:45 – Zach Ward, Global Maternal Health Modeling 3:00-4:30pm - Read, Review, and Publish Scientific Literature (Elizabeth Rose) |
Visiting Lecturer: Zach Ward (Harvard University School of Public Health) |
Friday, May 9 | 9:00-11:00am – Modeling in Amua (Zach Ward)
11:00am – 4:30pm – Work on Capstone Project and Meetings with Dr. Ward 1:00 - 2:30 Finish Initial Presentations 2:30 - 4:00pm MPH Graduation Party (1st Floor Lobby of 2525 West End Ave [our workshop building] (Note: Vanderbilt graduation occurs today, so campus will be quite busy!) |
Visiting Lecturer: Zach Ward (Harvard University School of Public Health) |
Saturday, May 10 | ||
Sunday, May 11 | ||
Week Two | ||
Monday, May 12 | 9:00-12:00pm – Curating and Transforming Model Parameters (Graves)
Structuring the Markov Model: Group Exercise 10:00 - 11:00am Global Health Grand Rounds - “Developing a Point of Care Breast Cancer Detection Kit for Use in Resource Limited Areas” (virtual) 1:00 – 2:45 – Work on Capstone Model 3:00 – 4:00pm - Guest Speaker: Alison Fahey, J-PAL |
Visiting Lecturer: Alison Fahey, Director of Partnerships and Strategic Initiatives, Abdul Latif Jameel Poverty Action Lab (Massachusetts Institute of Technology) |
Tuesday, May 13 | 9:00 – 11:30am – Work on Capstone Model 11:30-1:00pm – Guest Lecture – Distributional and Extended Cost-Effectiveness Analysis (Pandya) 2:00 – 2:45 – Work on Capstone Project and Meetings with Dr. Pandya 3:00-4:30pm - Citation Managers (Mendeley, Zotero) Eskind Biomedical Library (confirmed) |
Visiting Lecturer: Ankur Pandya, Harvard School of Public Health |
Wednesday, May 14 | 9:00-1:00pm – Work on Capstone Project 6:00pm - Nashville SC vs. New York City Redbulls at GEODIS Park |
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Thursday, May 15 | 9:00-1:00pm – Work on Capstone Project 3:00 - 4:00pm – Effective Leadership Skills - Elizabeth Rose |
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Friday, May 16 | 9:00-1:00pm - Work on Capstone Project 11:00am-12:30pm - Data Visualization - Kim Lovell (VUMC) 1:30pm Advanced Literature Search Skills - Emily Adydan (Eskind Biomedical Library) 5:00 - 9:00pm Musicians Corner (free concert at Centennial Park, across the street from the office work space) |
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Saturday, May 17 | 12:00 - 5:00pm Musicians Corner (free concert at Centennial Park, across the street from the office work space) | |
Sunday, May 18 | ||
Week Three | ||
Monday, May 19 | 9:00-1:00pm - Work on Capstone Project 3:00-4:30pm Effective Practices in Mentoring - Marie Martin |
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Tuesday, May 20 | 9:00-11:00am - Practice Presentations in Small Groups (3-4/group). 11:00 - 4:00pm - Work on Capstone Project |
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Wednesday, May 21 | 9:00-4:00pm - Presentations A World Tour of Economic Evaluation (John) Mike 6:00pm Final Dinner at the Broadview |
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Thursday, May 22 | 9:00 – 11:00am Breakfast Celebration & Certificate Ceremony (location: Centennial Perk, 8th floor reception space) | |
Friday, May 23 | Travel home |