Introduction

Sardar M. N. Islam and Christine Suet Yee Mak
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Sardar M. N. Islam: Victoria University
Christine Suet Yee Mak: Victoria University

Chapter 1 in Normative Health Economics, 2006, pp 1-17 from Palgrave Macmillan

Abstract: Abstract Health economics is largely a sub-discipline of normative economics and applied welfare economics. Health economics provides, among other things, methods and principles for evaluation of different health programs from an economic and social welfare perspective for ranking programs, as well as guides health policy and resource allocation that maximise social welfare. Health economics, especially economic evaluation of health programs, is therefore substantially based on the principles of normative economics or welfare economics, a discipline concerned with finding a normative framework to make social choices regarding the socially desirable state of the economy.

Keywords: Economic Evaluation; Health Program; Social Choice; Social Choice Theory; Human Capital Approach (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28905-5_1

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DOI: 10.1057/9780230289055_1

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