Methods for the economic evaluation of health care programmes, 3rd ed

TLDR

Economic evaluation compares alternative actions by cost and consequence, serving as a pragmatic aid to decision making and summarising key theories and concepts in the field. The book systematises and summarises recent knowledge on the main types of economic evaluations, offering a useful overview and further reading sources. Published by Oxford University Press in 2005 (ISBN 0‑19‑852945‑7).

Abstract

M E Drummond, M J Sculpher, G W Torrance GW, et al. Oxford University Press, 2005. ISBN 0-19-852945-7 A sketchy outline to the main economic theories forms the introduction to this book. The authors skillfully invoke those theories in the end only to point out that the economic evaluation primarily serves as a pragmatic aid to decision making. The “blue book” systematises and summarises recent knowledge on the main types of economic evaluations, thereby providing a useful overview including sources of further readings. Economic evaluation is defined as a comparative analysis of alternative courses of action in terms of both their costs and consequences. The authors make clear that the subject matter of economics is the deployment of real resources whether they cost money or …