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Introduction

In: Normative Health Economics

Author

Listed:
  • Sardar M. N. Islam

    (Victoria University)

  • Christine Suet Yee Mak

    (Victoria University)

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.

Suggested Citation

  • Sardar M. N. Islam & Christine Suet Yee Mak, 2006. "Introduction," Palgrave Macmillan Books, in: Normative Health Economics, chapter 1, pages 1-17, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28905-5_1
    DOI: 10.1057/9780230289055_1
    as

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