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Health economics is a specialized branch of economics that focuses on the allocation of resources in healthcare systems. It examines how healthcare resources—such as medical professionals, technologies, and medications—are distributed and utilized to maximize the health outcomes of individuals and populations. By analyzing the economic behavior within healthcare systems, health economics aims to provide insight into the efficiency and equity of healthcare delivery, offering valuable information for policymakers, healthcare providers, and the general public. As healthcare systems worldwide face increasing pressures from rising costs, aging populations, and evolving disease burdens, health economics plays a crucial role in guiding decisions that balance cost-effectiveness with quality of care.
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