Healthcare Economics
Healthcare Economics is the study of how resources are allocated within the healthcare system. It examines the costs, benefits, and efficiency of healthcare services, focusing on how to improve health outcomes while managing expenses. This field analyzes various factors, including government policies, insurance systems, and the behavior of healthcare providers and patients.
The goal of Healthcare Economics is to understand the trade-offs involved in healthcare decisions. By evaluating the economic impact of different treatments and interventions, policymakers can make informed choices that enhance the quality of care while controlling costs. This helps ensure that healthcare systems are sustainable and accessible to all.