As a relatively young discipline, health economics as it appears
today contains many features which can be traced back to its
beginnings. Since it arose in the interface between the medical
sciences and economics, the way of dealing with problems were often
influenced by traditions which were well-established in the medical
profession, while the classical way of thinking of economists came
was filtering through at a slower pace. This means that much of
both teaching and research in health economics puts the emphasis on
collecting and analysing data on health and healthcare as well as
on public and private outlays on healthcare. This is an extreme
useful and worthwhile activity, and much new and valuable
information is produced in this way, but occasionally there is a
need for in-depth understanding of what is going on, rather than an
estimated equation which comes from nowhere. This is where economic
theory can offer some support.The present book is an introduction
to health economics where the emphasis is on theory, with the aim
of providing explanation of phenomena as far as possible given the
current level of economics.
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