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Economics is the study of how individuals and societies make decisions about how to use their limited resources. Health care is considered a limited resource because there isn’t enough money or time in the world to purchase and provide care for every individual in every conceivable manner. The ethical question of who pays for that care is ...
This chapter provides an introduction to the discipline of economics and to the sub-discipline of health economics. You will learn about the type of questions that economics is concerned with and some of the key concepts that it uses, particularly as applied to health and health care.
1. We begin this module by examining some of the economic forces that shape the healthcare system. The standard theory of how markets work is the model of sup-ply and demand, in which buyers and sellers are guided by prices to an efficient allocation of resources. Yet, as we will see, the market for healthcare deviates from this model in many ways.
1 Ιαν 2018 · Objective: Phamacoeconomics can aid the policy makers and the healthcare providers in decision making in evaluating the affordability of and access to rational drug use. Efficiency is a key ...
Intended as a primer reading for clinicians, this article starts with the fundamental concepts of economics (e.g., costs, benefits, supply and demand, utilities and efficiency) and then combine...
20 Δεκ 2023 · This first chapter deals with the nature of health and disease, and the complex medical institutions and systems that modern societies have put in place to prevent, diagnose and treat illness. We give a short, introductory overview of health and disease and equity of healthcare.
down complex concepts, making health economics accessible to diverse readers. A must-have resource for students seeking a comprehensive grasp of healthcare markets and the challenges they entail. Professor Sarah Miller, University of Michigan This is a book on the economics of healthcare that is well organized, com-
