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HEALTH ECONOMICS
Health Economics
HEALTH ECONOMICS
study of the proper allocation and efficient utilization of health resources for the improvement of health
HEALTH ECONOMICS
the application of the theories, concepts and techniques of economics to the health sector.
C
DEMAND FOR HEALTHCARE
E
MICRO ECONOMIC EVALUATION
CMA CEA CBA CUA
F
MARKET EQUILIBRIUM Money Prices Time Prices Equilibrating mechanism
D
Costs of Production Alternative Production Techniques Input Substitution
SUPPLY OF HEALTHCARE
H
PLANNING, BUDGETING AND MONITORING MECHANISMS
Evaluation of Effectiveness
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EVALUATION WHOLE SYSTEM LEVEL Equity & Allocative Efficiency Criteria
Pharmacoeconomis
Pharmacoeconomics
means by which pharmacists
can demonstrate the value of their products and services
Pharmacoeconomics
the description and analysis of
the costs of drug therapy to
Pharmacoeconomics
Art and science of investigating the varied conditions, key environmental forces, laws and regulations involving the production, distribution, promotion and consumption of pharmaceutical drug products
C
DEMAND FOR HEALTHCARE
E
MICRO ECONOMIC EVALUATION
CMA CEA CBA CUA
F
MARKET EQUILIBRIUM Money Prices Time Prices Equilibrating mechanism
D
Costs of Production Alternative Production Techniques Input Substitution
SUPPLY OF HEALTHCARE
H
PLANNING, BUDGETING AND MONITORING MECHANISMS
Evaluation of Effectiveness
G
EVALUATION WHOLE SYSTEM LEVEL Equity & Allocative Efficiency Criteria
Pharmacoeconomic research
1. Identify,
2. Measure,
Goal of Pharmacoeconomics
To help decision makers allocate a fixed amount of resources across competing products and services so as to maximize health benefits to the population of patients they serve