Health Economics

The video explores the intersection of economics and global health, emphasizing the role of economic evaluation in decision-making. It introduces DCP 3, a series promoting economic evaluation for priority setting, and provides a broad definition of economics as the science of decision-making. The video discusses how individuals, healthcare providers, and governments make health-related decisions, highlighting the importance of cost-effectiveness analysis in choosing interventions. Examples include the cost of treating trachoma versus schizophrenia, illustrating the potential impact of economic decisions on health outcomes.

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