Health economics is a multifaceted field that examines the allocation of resources within the healthcare sector to maximize efficiency and effectiveness while ensuring equitable access to healthcare services. This article delves into the intricacies of health economics, starting with an introduction to the field, followed by an exploration of its key components, methodologies, and their real-world applications. The results highlight the pivotal role of health economics in shaping healthcare policies and its impact on improving public health outcomes.
