Define Health Economics in your Language.?
Ans:
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. In broad terms, health economists study the functioning of healthcare
systems and health-affecting behaviors such as smoking, diabetes, and obesity.
Health economists evaluate multiple types of
financial information: costs, charges and expenditures
