The application of economic theory to phenomena and problems associated with health. Topics include, among others, the meaning and measurement of health status, the production of health and health services, the demand for health and demand for health services, the determinants of healthy and unhealthy behaviour and the behavioural responses to changes in these determinants, cost-effectiveness and cost-benefit analysis in the health territory, health insurance, the analysis of markets for health services, health service financing, disease costing, option appraisal in health services, manpower planning, the economics of medical supply industries, equity and the determinants of inequalities in health and health care utilization, hospital economics, health care budgeting, territorial resource allocation, methods of remuneration of medical personnel, economics of comparative health systems.
Various texts cover specific aspects of health economics, such as cost-effectiveness analysis and these may be referred to under appropriate headwords and phrases. Popular general health economics textbooks, written at a variety of levels, include: Cullis and West (1979), R.G.
- synonymEconomics of Health (written as health economics)