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Clinical Economics Sections
Author Bio
Introduction
Model of Economic Analysis
Currently selected section: Basic Principles of Costing
Perspectives
Types of Analysis

Marginal and Incremental Analysis

Economic Efficiency
Sensitivity Analysis

Discounting

Conclusion
Case Study 1
Case Study 2
Acknowledgements


Chapter 12: Clinical Economics: Basic Principles of Costing
        

Purpose of Economic Analysis

The purpose of an economic analysis is to evaluate the use of relevant resources (e.g. labor, time, facilities, equipment, knowledge) that are used in a given health care intervention, either in a comparison with some alternative intervention or as a description in economic terms of the disease state under study. While economists are interested in the resources directly, quantities of resources are difficult to aggregate for the purpose of economic analysis. Cost data provide the means to aggregate measures of resource use with a single metric.




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