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"Economics Computer simulation."
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Simulating distributional impacts of macro-dynamics : theory and practical applications
\"Simulating Distributional Impacts of Macro-dynamics: Theory and Practical Applications is a comprehensive guide for analyzing and understanding the effects of macroeconomic shocks on income and consumption distribution, as well as for using the ADePT Simulation Module. Since real-time micro data is rarely available, the Simulation Module (part of the ADePT economic analysis software) takes advantage of historical household surveys to estimate how current or proposed macro changes might impact household and individual welfare\"--Back cover.
Laparoscopic virtual reality and box trainers: is one superior to the other?
2004
Virtual reality (VR) simulators now have the potential to replace traditional methods of laparoscopic training. The aim of this study was to compare the VR simulator with the classical box trainer and determine whether one has advantages over the other.
Twenty four novices were tested to determine their baseline laparoscopic skills and then randomized into the following three group: LapSim, box trainer, and no training (control). After 3 weekly training sessions lasting 30-min each, all subjects were reassessed. Assessment included motion analysis and error scores. Nonparametric tests were applied, and p < 0.05 was deemed significant.
Both trained groups made significant improvements in all parameters measured ( p < 0.05). Compared to the controls, the box trainer group performed significantly better on most of the parameters, whereas the LapSim group performed significantly better on some parameters. There were no significant differences between the LapSim and box trainer groups.
LapSim is effective in teaching skills that are transferable to a real laparoscopic task. However, there appear to be no substantial advantages of one system over the other.
Journal Article
Effectiveness and cost-effectiveness of embedded simulation in occupational therapy clinical practice education: study protocol for a randomised controlled trial
by
Ashby, Samantha
,
Symmons, Mark
,
Chu, Eli Mang Yee
in
Accreditation
,
Ambulatory care
,
Analysis
2017
Background
Clinical placements are a critical component of the training for health professionals such as occupational therapists. However, with growing student enrolments in professional education courses and workload pressures on practitioners, it is increasingly difficult to find sufficient, suitable placements that satisfy program accreditation requirements. The professional accrediting body for occupational therapy in Australia allows up to 200 of the mandatory 1000 clinical placement hours to be completed via simulation activities, but evidence of effectiveness and efficiency for student learning outcomes is lacking. Increasingly placement providers charge a fee to host students, leading educators to consider whether providing an internal program might be a feasible alternative for a portion of placement hours. Economic analysis of the incremental costs and benefits of providing a traditional versus simulated placement is required to inform decision-making.
Methods/design
This study is a pragmatic, non-inferiority, single-blind, multicentre, two-group randomised controlled trial (RCT) with an embedded economic analysis. The RCT will compare a block of 40 hours of simulated placement (intervention) with a 40-hour block of traditional placement (comparator), with a focus on student learning outcomes and delivery costs. Six universities will instigate the educational intervention within their respective occupational therapy courses, randomly assigning their cohort of students (1:1 allocation) to the simulated or traditional clinical placements. The primary outcome is achievement of professional behaviours (e.g. communication, clinical reasoning) as assessed by a post-placement written examination. Secondary outcomes include proportions passing the placement assessed using the Student Practice Evaluation Form-Revised, changes in student confidence pre-/post-placement, student and educator evaluation of the placement experience and cost-effectiveness of simulated versus traditional clinical placements. Comprehensive cost data will be collected for both the simulated and traditional placement programs at each site for economic evaluation.
Discussion
Use of simulation in health-related fields like occupational therapy is common, but these activities usually relate to brief opportunities for isolated skill development. The simulated clinical placement evaluated in this trial is less common because it encapsulates a 5-day block of integrated activities, designed and delivered in a manner intended to emulate best-practice placement experiences. The planned study is rare due to inclusion of an economic analysis that aims to provide valuable information about the relationship between costs and outcomes across participating sites.
Trial registration
Australian New Zealand Clinical Trials Registry,
ACTRN12616001339448
. Registered 26 September 2016.
Journal Article
Simulating distributional impacts of macro-dynamics
by
Lokshin, Michael
,
Radyakin, Sergiy
,
Kolenikov, Stanislav
in
ADePT simulation module
,
BUSINESS & ECONOMICS
,
Business cycles
2014
The automated DEC poverty tables (ADePT) simulation module, one of several modules in the ADePT platform, offers a useful methodological framework for analysts interested in measuring how macroeconomic projections may affect households. The modules approach falls between simple extrapolation and the most sophisticated methods such as top-down or top-down-up models based on linking household data with computable general equilibrium (CGE) models. By using simple macroeconomic projections as the macro-linkages to a micro-behavioral model built from household data, the model captures the complexities that influence how macro impacts are transmitted to households. The ADePT simulation module is an improvement over existing approaches because with minimal data and computational requirements it can evaluate in advance the distributional impacts of macroeconomic projections. By focusing on adjustments in employment and earnings, non-labor income, and price changes, it accounts for multiple transmission mechanisms and captures micro-level impacts across the entire income distribution. Using existing macroeconomic data and household surveys, the ADePT simulation module helps in identifying and profiling those groups of individuals - defined by characteristics such as occupational sector, location, and education level who are most likely to suffer income losses as a consequence of the change. This manual is organized in two parts. Part one covers the motivation, overview, and illustrations of the method. Part two describes each step the user must follow to create or obtain proper macro- and microeconomic inputs required for the simulation. It also explains how to enter these inputs into the module and the different options available for tailoring simulations.
Computational methods for the study of dynamic economies
1999,2001
Economists are increasingly using computer simulations to understand the implications of their theoretical models and to make policy recommendations. New model solution techniques are required to deal with the increasingly important role of dynamics and uncertainty in macroeconomics. This book consists of articles by leading contributors in the fie.
A low-cost alternative for nasolaryngoscopy simulation training equipment: a randomised controlled trial
2015
Flexible nasolaryngoscopy is a key diagnostic procedure used in many specialities. Simulation-based teaching is beneficial for endoscopy training, but it is expensive. This study assessed whether an inexpensive simulation model is an effective training method for flexible nasolaryngoscopy.
A three-armed, randomised, controlled trial was performed. One group received no simulation training, while two others were trained with either a high-cost or a low-cost model. All candidates then performed flexible nasolaryngoscopy on a volunteer. Their ability to perform this task was assessed by the patient discomfort score and time taken by a blinded expert.
Simulation-based teaching reduced patient discomfort and improved candidate skill level. Low-cost model training did not have a negative effect when compared with high-cost model training.
Simulated flexible nasolaryngoscopy training may be more accessible with the use of an effective low-cost model.
Journal Article