Cover 1 About healtheconomics Health economics is a logical and explicit framework to aid health care workers, decision-makers, governments, or society at large, to make choices on how best to use resources. In reality, as our resources (for instance, time, skills, and purchasing power) are limited in quantity and availability, we must exercise choice on the way we use what we have. Resources are scarce not just in a country’s economy or in our own purse, but also in health systems and, as a consequence, for those who are served by such systems. However, where these are based on “market” values of inputs and outputs, they do not take into account the fact that goods and services may be “wrongly” valued from the viewpoint of soc...
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