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Nov 28

Health economics is the discipline of economics applied to the topic of health care. Scarcity of these resources provides the foundation of economic theory and from this … Recognizing the importance of health economics research on the COVID-19 pandemic, JHE is committed to ensuring the dissemination of high quality contributions. Health economics uses economic concepts and methods to understand and explain how people make decisions regarding their health behaviours and use of health care. Broadly defined, economics concerns how society allocates its resources among alternative uses. Health economics is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare.Health economics is important in determining how to improve health outcomes and lifestyle patterns through interactions between individuals, healthcare providers and clinical settings. Health economics is the study of how scarce resources are allocated among alternative uses for the care of sickness and the promotion, maintenance and improvement of health, including the study of how health care and health-related services, their costs and benefits, and health itself are distributed among individuals and groups in society.

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