Overview
Global health economics plays a vital role in understanding how resources can be effectively allocated to improve health outcomes across populations. By analyzing the costs and benefits of various health interventions, policymakers can make informed decisions that maximize health benefits while mini...
Key Terms
Example: A new vaccine is considered cost-effective if it saves more money in healthcare costs than it costs to administer.
Example: Improvement in life expectancy after a public health campaign.
Example: Allocating funds to different health programs based on their effectiveness.
Example: Conducting an economic evaluation to determine the best treatment for diabetes.
Example: Ensuring all populations have access to essential health services.
Example: Implementing a health program that provides the best outcomes for the least cost.