Health economics in mental health. 1: Principles

Neil Craig; Cameron Stark

doi:10.1192/pb.21.11.684

Health economics in mental health. 1: Principles

Neil Craig^*, Cameron Stark

^*Corresponding author for this work

Research output: Contribution to journal › Short survey › peer-review

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Abstract

This is the first of two papers which summarise key concepts in health economics and explains the differences in the various types of economic evaluation published in the economics literature. Examples from the economic analysis of mental health care are used to illustrate the key points. This paper explains the concepts of scarcity, rationing, opportunity cost and efficiency from a health economics perspective, and presents an ethical argument for the use of health economics in making decisions on resource use in mental health care.

Original language	English
Pages (from-to)	684-686
Number of pages	3
Journal	Psychiatric Bulletin
Volume	21
Issue number	11
DOIs	https://doi.org/10.1192/pb.21.11.684
Publication status	Published - Nov 1997
Externally published	Yes

ASJC Scopus subject areas

Psychiatry and Mental health

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1192/pb.21.11.684Licence: CC BY

Final published versionFinal published version, 531 KBLicence: CC BY

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abstract = "This is the first of two papers which summarise key concepts in health economics and explains the differences in the various types of economic evaluation published in the economics literature. Examples from the economic analysis of mental health care are used to illustrate the key points. This paper explains the concepts of scarcity, rationing, opportunity cost and efficiency from a health economics perspective, and presents an ethical argument for the use of health economics in making decisions on resource use in mental health care.",

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AB - This is the first of two papers which summarise key concepts in health economics and explains the differences in the various types of economic evaluation published in the economics literature. Examples from the economic analysis of mental health care are used to illustrate the key points. This paper explains the concepts of scarcity, rationing, opportunity cost and efficiency from a health economics perspective, and presents an ethical argument for the use of health economics in making decisions on resource use in mental health care.

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DO - 10.1192/pb.21.11.684

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JO - Psychiatric Bulletin

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Health economics in mental health. 1: Principles

Abstract

ASJC Scopus subject areas

UN SDGs

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